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63 Downing Street, New York...

Updated Dec 21, 2023

Abraham Lipschitz Acquires Condo At 63 Downing Street In Greenwich Village, Manhattan For $13M
SOLD

Abraham Lipschitz Acquires Condo At 63 Downing Street In Greenwich Village, Manhattan For $13M

63 Downing Street, New York City, New York 10014, United States

$13,000,000

$1,140/SF

Building Size

11,398 SF

Asset Type

Closing

Jul 27, 2022

About this deal

AI

A condo located at 63 Downing Street in Greenwich Village, Manhattan has been sold in a closed transaction. The property, spanning 11,398 square feet, was purchased by Abraham Lipschitz from the seller, Jeehae Lee, for a price of $13,000,000. The condo has a price per square foot of $1,140. It is situated on a lot size of 11,257 square feet with dimensions measuring 51 feet by 58 feet. The previous sale of the property was recorded on June 17, 2021, with a sale price of $18,073,125. The tax class of the property is 4.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $13,000,000
  • Property Address: 63 Downing Street, Greenwich Village, Manhattan
  • Square Footage: 11,398
  • Price per Square Foot: $1,140
  • Buyer: Abraham Lipschitz
  • Seller: Jeehae Lee
  • Lot Size: 11,257 square feet
  • Last Sale Price: $18,073,125 (06/17/2021)
  • Lot Dimension: 51 ft x 58 ft

This closed transaction was facilitated by Abraham Lipschitz's representative and Jeehae Lee's representative. The buyer, Abraham Lipschitz, successfully acquired the condo from the seller, Jeehae Lee, in an agreement reached on July 28, 2022.

Players

Jeehae Lee

Seller

$29.5M

vol

2 deals

Seller

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

Abraham Lipschitz bought a home in New York for $13M in 2022. The full closing is on this page.

About $1.1K per square foot on a published $13M for 11,398 square feet (2022).

Visit Jeehae Lee to view all their deals.

Browse New York sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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