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123 Washington St, Manhatta...

Updated Sep 2, 2026

Richard Nassimi's Residential Condo In Financial District Sold For $1.5M
SOLD

Richard Nassimi's Residential Condo In Financial District Sold For $1.5M

123 Washington St, Manhattan, New York, NY, USA

$1,500,000

$1,342/SF

Building Size

1,117 SF

Asset Type

—

Closing

Nov 30, 2021

About this deal

AI

The residential condo located at 123 Washington St. in the Financial District of New York City was recently sold for $1,500,000. This property, with a total area of 1,117 square feet, was listed at a price per square foot of $1,342. Richard Nassimi, from The Nassimi Group, served as the broker for this transaction.

Summary of transaction details:

  • Property Type: Residential Condo
  • Transaction Amount: $1,500,000
  • Address: 123 Washington St., Financial District, New York City
  • Square Footage: 1,117
  • Price per Square Foot: $1,342
  • Broker: Richard Nassimi @TheNassimiGroup

The sale of this residential condo was overseen by Richard Nassimi from The Nassimi Group. The property, located at 123 Washington St., offers a total area of 1,117 square feet, with a price per square foot of $1,342. This transaction signifies the successful collaboration between the buyer and seller, facilitated by Richard Nassimi.

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$1,500,000

$1,342/SF

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Players

Richard Nassimi

Broker

$69.8M

vol

39 deals

Broker
The Nassimi Group
The Nassimi GroupBrokerage
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New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $1.5M for 1,117 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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