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Donna Lennard Purchases Retail Property At 51 Bond Street From Charles And Joseph Raimondo For $5.75M
SOLD
$5,750,000
New York
See Similar DealsRetail5,442 SF
Sold 10/23/2025
SOLD
Donna Lennard Purchases Retail Property At 51 Bond Street From Charles And Joseph Raimondo For $5.75M
51 Bond Street
See Similar DealsRetail5,442 SF
Sold 10/23/2025
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,056
Total Square Footage:5,442 SF
Transaction Type:Sale
The retail property located at 51 Bond Street in NoHo, Manhattan was sold for $5,750,000. The asset encompasses a total area of 5,442 square feet, which results in a price per square foot of $1,057.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,750,000
- Address: 51 Bond Street
- Market: NoHo, Manhattan
- Size: 5,442 sq ft
- Price per square foot: $1,057
- Buyer: Donna Lennard
- Seller: Charles Raimondo & Joseph Raimondo
- Date of Transaction: October 23, 2025
Donna Lennard was the buyer in this transaction, purchasing the property from sellers Charles Raimondo and Joseph Raimondo on the specified date.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$306,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20
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