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David Lipa Acquires Condo At 613 East 6th Street In East Village From Ian Harris For $1.18M

Property Image
SOLD
$1,187,500

New York

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975 SF
Sold 08/05/2022
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Property Image
SOLD

David Lipa Acquires Condo At 613 East 6th Street In East Village From Ian Harris For $1.18M

613 East 6th Street, New York City, New York 10009, United States

See Similar Deals
975 SF
Sold 08/05/2022
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Summary

NEW YORK
Price Per Square Foot:$1,217
Total Square Footage:975 SF
Transaction Type:Sale

Located at 613 East 6th Street in East Village, this recently closed residential transaction involved the sale of a condo property. The condo spans across 975 square feet and was sold for $1,187,500, resulting in a price per square foot of $1,218. The transaction took place on August 5, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,187,500
  • Address: 613 East 6th Street, East Village
  • Property Size: 975 square feet
  • Buyer: David Lipa
  • Seller: Ian Harris
  • Buyer's Representative: JC Vasquez
  • Seller's Representative: Bernardo “Beni” Metsch - Atelier WM LLC
  • Price per Square Foot: $1,218

The transaction was facilitated by JC Vasquez, who represented the buyer, David Lipa. On the other side, Bernardo “Beni” Metsch, from Atelier WM LLC, acted as the seller's representative, representing Ian Harris. These individuals played instrumental roles in negotiating the deal, ensuring a successful sale.

Players

9 deals$39.3M volume
BROKER

The Corcoran Group
BROKERAGE

Details

SOLD
IMAGE: Bernardo Metsch DATE: 08/05/2022 ADDRESS: 613 East 6th Street  MARKET: East Village ASSET TYPE: Condo BUYER: David Lipa SELLER: Ian Harris BUYER'S REP: JC Vasquez SELLER'S REP: Bernardo “Beni” Metsch (@BeniTheBroker) - Atelier WM LLC (@Atelier.by.WM) SALE PRICE: $1,187,500 SF: 975 ~ PPSF: $1,218

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,218.95
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,629.36
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