Johnny Donadic Acquires Co-op In Tribeca For $5.15M With Brokers Wendy Maitland & Bernardo Metsch - Atelier WM LLC
55 Hudson Street
$5,150,000
$1,839/SF
Building Size
2,800 SF
Asset Type
Co-Op
Closing
Nov 1, 2022
AI
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.
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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93