Jessica Halsrud Acquires Package Deal In East Village For $1.6M
504 East 6th Street, New York City, New York 10009, United States
$1,600,000
$533/SF
Building Size
3,000 SF
Asset Type
—
Closing
Jan 26, 2022
AI
A package deal consisting of 4 co-op units located at 504 East 6th Street in the East Village of New York City has been sold for a total price of $1,600,000. The property spans 3,000 square feet, resulting in a price per square foot of $533. The transaction took place on January 27, 2022. Brett Weisblum, Bryan Hurley, and Michael DeCheser from Cushman & Wakefield served as the brokers representing both the buyer, Jessica Halsrud, and the seller, Laurence Doyle.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $1,600,000
- Address: 504 East 6th Street, East Village
- Market: East Village
- Buyer: Jessica Halsrud
- Seller: Laurence Doyle
- Brokers: Brett Weisblum, Bryan Hurley, and Michael DeCheser - Cushman & Wakefield
This deal marks the successful sale of a package of co-op units in the vibrant East Village neighborhood. The involvement of Brett Weisblum, Bryan Hurley, and Michael DeCheser, all representing Cushman & Wakefield, contributed to the smooth execution of this transaction. The sale price of $1,600,000 reflects the value of the 3,000 square feet of prime real estate in a highly sought-after area.
Players
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93