Melissa McCarthy & Ben Falcone Acquire Little Italy Penthouse For $7.35M
SOLD
$7,350,000
New York
See Similar DealsOther2,400 SF
Sold 09/08/2022
SOLD
Melissa McCarthy & Ben Falcone Acquire Little Italy Penthouse For $7.35M
Little Italy, New York City, New York, United States
See Similar DealsOther2,400 SF
Sold 09/08/2022
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$3,062
Total Square Footage:2,400 SF
Transaction Type:Sale
Melissa McCarthy and Ben Falcone, both actresses, have purchased a penthouse in Little Italy for $7,350,000. The penthouse spans 2,400 square feet, resulting in a price per square foot of $3,062.
Summary of transaction details
- Property Type: Penthouse
- Transaction Amount: $7,350,000
- Market: Little Italy
- Buyer: Melissa McCarthy and Ben Falcone (Actresses)
- Broker: Doron Zwickel - @coregrouprealestate
- Square Footage: 2,400
- Price per Square Foot: $3,062
Doron Zwickel from @coregrouprealestate represented Melissa McCarthy and Ben Falcone in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$391,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$26,113.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,842.75
Annual Debt Service$418,113.00
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