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504 East 6th Street, New Yo...

Jessica Halsrud Acquires Package Deal In East Village For $1.6M
SOLD

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

Brett Weisblum

Cushman & Wakefield

Broker

$142.5M

vol

16 deals

Broker

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