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
About this deal
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
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $1M for 606 square feet (2022).
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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