Rick Nass Sells TriBeCa Residential Condo For $4.5M With Buyer's Rep Sarah Williams & Seller's Rep Societe Real Estate
88 Laight St, Manhattan, New York, NY, USA
$4,525,000
$1,967/SF
Building Size
2,300 SF
Asset Type
—
Closing
Dec 3, 2021
AI
Located at 88 Laight St., TriBeCa, this residential condo was recently sold in a closed transaction. The property spans 2,300 square feet, offering ample living space for its new owner. The sale price for this condo was $4,525,000, resulting in a price per square foot of $1,967.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $4,525,000
- Square Footage: 2,300
- Price per Square Foot: $1,967
The seller of this property was Rick Nass. The buyer's representatives in this deal were Sarah Williams, Ohad Fisherman, and Ginette Behar from Societe Real Estate. Their expertise and negotiation skills played a significant role in the successful transaction of this residential condo in TriBeCa.
Players
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
3.51%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93