Dr. Eric Huang Acquires Duplex In West Chelsea For $8.1M
522 West 29th Street, New York City, New York 10001, United States
$8,100,000
$2,258/SF
Building Size
3,586 SF
Asset Type
Other
Closing
Feb 17, 2022
About this deal
AI
A duplex property located at 522 W. 29th Street in West Chelsea has been sold for $8,100,000. The property spans across 3,586 square feet, resulting in a price per square foot of $2,258.
Summary of transaction details
- Property Type: Duplex
- Transaction Amount: $8,100,000
- Square Footage: 3,586
- Price per Square Foot: $2,258
- Address: 522 W. 29th Street
- Market: West Chelsea
The buyer of the property is Dr. Eric Huang.
The other sale at 522 West 29th Street, New York City, New York 10001, United States in New York, New York sold for $8.1M in 2022. The building is 3,586 square feet, implying about 2.3K per square foot on the published price. This page is the New York, New York file for the 522 West 29th Street, New York City, New York 10001, 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 522 West 29th Street, New York City, New York 10001, United States around 2022. Published consideration for 522 West 29th Street, New York City, New York 10001, United States is $8.1M, dated 2022. Cite this Dr. Eric Huang Acquires Duplex In West Chelsea For $8.1M 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
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93