Macy Lai Acquires Residential Condo At 123 Washington Street For $1.9M
123 Washington Street, New York, NY, USA
$1,925,000
$2,629/SF
Building Size
732 SF
Asset Type
Co-Op
Closing
Jun 23, 2020
AI
An image of the property at 123 Washington Street in the Financial District was shared on Instagram by Richard Nassimi. The residential condo was sold on June 23, 2021. The transaction involved the buyer Macy Lai and the seller Richard Nassimi. The sale was facilitated by the broker @TheNassimiGroup. The property was sold for $1,925,000. The residential condo has a total area of 1,175 square feet, resulting in a price per square foot of $1,638.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $1,925,000
- Address: 123 Washington Street
- Market: Financial District
The sale of the residential condo at 123 Washington Street was completed with Macy Lai as the buyer and Richard Nassimi as the seller. The transaction was facilitated by the broker @TheNassimiGroup. The property has a total area of 1,175 square feet and was sold for a price per square foot of $1,638.
Players
New York Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93