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123 Washington St, Manhatta...

Updated Sep 9, 2024

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.

Players

Richard Nassimi

Douglas Elliman

Broker

$68.7M

vol

38 deals

Broker
The Nassimi Group
The Nassimi GroupBrokerage

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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