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55 Hudson Street

Johnny Donadic Acquires Co-op In Tribeca For $5.15M With Brokers Wendy Maitland & Bernardo Metsch - Atelier WM LLC
SOLDCo-Op

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

Wendy Maitland

Broker

$44.4M

vol

6 deals

Broker

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