facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

All

/

Sale

/

613 East 6th Street, New Yo...

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

$1,187,500

$1,217/SF

Building Size

975 SF

Asset Type

Closing

Aug 4, 2022

AI

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

Bernardo Metsch

Broker

$39.3M

vol

9 deals

Broker
The Corcoran Group
The Corcoran GroupBrokerage

Ian Harris

Seller

$5.9M

vol

3 deals

Seller

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.36%

Cash-on-Cash

-3.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93