Po Han Chou Purchases Condo In Financial District From Daniela Riccardi For $815,000
SOLD
$815,000
New York
See Similar DealsCondo606 SF
Sold 06/20/2025
SOLD
Po Han Chou Purchases Condo In Financial District From Daniela Riccardi For $815,000
123 Washington Street
See Similar DealsCondo606 SF
Sold 06/20/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,344
Total Square Footage:606 SF
Transaction Type:Sale
The asset involved in this transaction is a condo located at 123 Washington Street in the Financial District. The sale price for this property was $815,000, which translates to a square footage of 606 and a price per square foot of $1,344.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $815,000
- Address: 123 Washington Street
- Market: Financial District
- Square Footage: 606
- Price Per Square Foot: $1,344
- Buyer: Po Han Chou
- Seller: Daniela Riccardi
- Broker: Richard Nassimi - Douglas Elliman
Richard Nassimi represented the seller, Daniela Riccardi, in this transaction. The deal was finalized on June 20, 2025, marking the successful exchange of the property between the buyer and seller with the involvement of the brokerage.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$43,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,895.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,863.52
Annual Debt Service$46,362.19
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