S. Michael Musa-Obregon Acquires Co-op In Midtown East, Manhattan For $530K
315 East 56th Street, New York City, New York 10022, United States
$530,000
Building Size
—
Asset Type
Other
Closing
Feb 22, 2022
About this deal
AI
A co-op located at 315 East 56th Street in Midtown East, Manhattan has been sold for a total of $530,000. The transaction took place on February 23, 2022. The property was acquired by S. Michael Musa-Obregon.
Summary of transaction details:
- Property Type: Co-op
- Transaction Amount: $530,000
- Address: 315 East 56th Street, Midtown East, Manhattan
Fabiano Proa from Triplemint represented the buyer, S. Michael Musa-Obregon, while Steve Dawson from Compass acted as the seller's representative.
The other sale at 315 East 56th Street, New York City, New York 10022, United States in New York, New York sold for $530K in 2022. 315 East 56th Street, New York City, New York 10022, United States is classified as Other on Traded. Steven Dawson, Fabiano Proa, Compass appear on the sale alongside Compass. This page is the New York, New York file for the 315 East 56th Street, New York City, New York 10022, United States other sold: pricing, party profiles, and other closed other comps from the same New York sit in the Market section below. Filter that New York other set by closing date to see what else sold near 315 East 56th Street, New York City, New York 10022, United States around 2022. Published consideration for 315 East 56th Street, New York City, New York 10022, United States is $530K, dated 2022. Cite this S. Michael Musa-Obregon Acquires Co-op In Midtown East, Manhattan For $530K sale when underwriting similar other product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
29.93%
Cash-on-Cash
-8.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93