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104 Wooster Street, New Yor...

$6.3M 104 Wooster Street Residential Condo Sale By RP Trust With Buyer's Rep Devin Someck From Living New York
SOLD

$6.3M 104 Wooster Street Residential Condo Sale By RP Trust With Buyer's Rep Devin Someck From Living New York

104 Wooster Street, New York, NY 10012

$6,375,000

$2,061/SF

Building Size

3,093 SF

Asset Type

Closing

May 11, 2021

AI

Located at 104 Wooster Street in SoHo, this residential condo was recently sold in a closed transaction. The property spans 3,093 square feet and boasts a sale price of $6,375,000, resulting in a price-per-square-foot of $2,061. The sale of this condo went into contract over the asking price just 8 days after the first showing. Notably, the buyer bid and signed the deal after virtually touring the loft over Zoom.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $6,375,000
  • Address: 104 Wooster Street, SoHo
  • Buyer: Confidential
  • Seller: RP Trust - Barry Hirsch, Amy Solan
  • Buyer's Representative: Devin Someck - Living New York
  • Seller's Representatives: Wendy Maitland & Bernardo “Beni” Metsch - Atelier.By.WM

The successful sale of this SoHo residential condo was facilitated by the dedicated team of real estate professionals. The buyer was represented by Devin Someck from Living New York, while Wendy Maitland and Bernardo “Beni” Metsch from Atelier.By.WM acted as the seller's representatives. With a high demand for this property, the buyer was able to secure the deal over the asking price, showcasing the strong appeal of this prime SoHo location.

Players

Devin Someck

Living New York

Broker

$80.5M

vol

15 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.49%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93