536 West 29th St. In Chelsea Sells For $13M
SOLD
New York
See Similar DealsSingle Family Residence6,491 SF
Sold 11/01/2021
SOLD
536 West 29th St. In Chelsea Sells For $13M
536 W 29th St, Manhattan, New York, NY, USA
See Similar DealsSingle Family Residence6,491 SF
Sold 11/01/2021
Summary
NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$2,002
Total Square Footage:6,491 SF
Transaction Type:Sale
A single-family residential property located at 536 West 29th St. in Chelsea has been sold for $13,000,000. The property spans 6,491 square feet, resulting in a price per square foot of $2,002. The transaction took place in September 2021.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $13,000,000
- Address: 536 West 29th St.
- Market: Chelsea
- Square Footage: 6,491
- Price Per Square Foot: $2,002
- Brokers: Andres Perea-Garzon & Carrie Chiang - The Corcoran Group
The sale of the property was facilitated by Andres Perea-Garzon and Carrie Chiang from The Corcoran Group.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
Is there something missing? Send suggestions