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123 Washington Street, New ...

Jonathan Liu Acquires Residential Condo In FiDi From Richard Nassimi For $1M
SOLD

Jonathan Liu Acquires Residential Condo In FiDi From Richard Nassimi For $1M

123 Washington Street, New York City, New York 10006, United States

$1,000,000

$1,650/SF

Building Size

606 SF

Asset Type

Closing

Jan 7, 2022

AI

A residential condo located at 123 Washington Street in FiDi was sold in a recent transaction. The property spans 799 square feet and was purchased by Jonathan Liu from the seller, Richard Nassimi of The Nassimi Group. The sale price for this transaction was $1,000,000, resulting in a price per square foot of $1,251.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $1,000,000
  • Address: 123 Washington Street, FiDi
  • Buyer: Jonathan Liu
  • Seller: Richard Nassimi - The Nassimi Group
  • Square Footage: 799
  • Price per Square Foot: $1,251

This transaction was facilitated by Richard Nassimi of The Nassimi Group, representing the seller in the deal. The sale of this residential condo signifies a successful transaction between the buyer, Jonathan Liu, and the seller, Richard Nassimi.

Players

Richard Nassimi

Douglas Elliman

Broker

$68.7M

vol

38 deals

Broker
The Nassimi Group
The Nassimi GroupBrokerage
Richard Nassimi

Richard Nassimi

Seller

$68.7M

vol

38 deals

Seller

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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93