Jessica Lange Acquires Co-op In Greenwich Village For $7M
Greenwich Village, New York City, New York, United States
$7,000,000
Building Size
—
Asset Type
Other
Closing
Aug 28, 2022
About this deal
AI
Jessica Lange, the famous actress known for her roles in various films and TV shows, has purchased a co-op in Greenwich Village. The sale took place on August 29, 2022, with a sale price of $7,000,000. The property is located in the vibrant market of Greenwich Village, known for its charming streets and lively atmosphere. The co-op offers a unique living experience and provides a comfortable and luxurious space for its residents.
Summary of Transaction Details
- Property Type: Co-op
- Transaction Amount: $7,000,000
- Market: Greenwich Village
William Martin, a representative from Douglas Elliman, and Ann Weintraub from Ann Weintraub Ltd., served as the brokers for this transaction. They played a crucial role in facilitating the purchase and ensuring a smooth process for Jessica Lange. Both brokers have extensive experience in the real estate industry and are well-regarded for their professionalism and expertise.
New York Other Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93