Johnny Donadic Acquires Co-op In Tribeca For $5.15M With Brokers Wendy Maitland & Bernardo Metsch - Atelier WM LLC
SOLD
$5,150,000
New York
See Similar DealsCo-Op2,800 SF
Sold 11/01/2022
SOLD
Johnny Donadic Acquires Co-op In Tribeca For $5.15M With Brokers Wendy Maitland & Bernardo Metsch - Atelier WM LLC
55 Hudson Street
See Similar DealsCo-Op2,800 SF
Sold 11/01/2022
Summary
NEW YORK
Asset Type:Co-Op
Price Per Square Foot:$1,839
Total Square Footage:2,800 SF
Transaction Type:Sale
Located at 55 Hudson St in Tribeca, this off-market co-op was recently sold in a closed transaction. The property spans approximately 2,800 square feet and was sold for a price of $5,150,000, resulting in a price per square foot of $1,839. The sale was completed on November 1, 2022.
Summary of transaction details:
- Property Type: Co-op
- Transaction Amount: $5,150,000
- Address: 55 Hudson St, Tribeca
- Square Footage: 2,800
This transaction was facilitated by Wendy Maitland and Bernardo "Beni" Metsch of Atelier WM LLC. They represented the buyer, Johnny Donadic, in the deal. Their expertise and guidance contributed to the successful completion of the transaction.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$274,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,296.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,413.63
Annual Debt Service$292,963.53
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