Michael Dillion Acquires $16.25M Condo In West Village, Manhattan
607 Hudson Street, New York City, New York 10014, United States
$16,250,000
Building Size
—
Asset Type
—
Closing
Dec 9, 2021
About this deal
AI
A condo located at 607 Hudson Street in the West Village neighborhood of Manhattan has been sold. The property, zoned as C1-6, was purchased on December 10, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $16,250,000
- Address: 607 Hudson Street, West Village, Manhattan
- Zoning: C1-6
Michael Dillion has acquired the condo from Nancy C Crown. The transaction price for the property was $16,250,000. The tax class for this property is class 2.
It's important to note that the condo was previously sold on January 5, 2013, for a price of $10,177,409.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93