536 West 29th St. In Chelsea Sells For $13M
536 W 29th St, Manhattan, New York, NY, USA
$13,000,000
$2,002/SF
Building Size
6,491 SF
Asset Type
Single Family Residence
Closing
Nov 1, 2021
AI
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
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93