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123 Washington Street

Po Han Chou Purchases Condo In Financial District From Daniela Riccardi For $815,000
SOLDCondo

Po Han Chou Purchases Condo In Financial District From Daniela Riccardi For $815,000

123 Washington Street

$815,000

$1,344/SF

Building Size

606 SF

Asset Type

Condo

Closing

Jun 19, 2025

AI

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.

Players

Richard Nassimi

Douglas Elliman

Broker

$56.4M

vol

34 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.46%

Cash-on-Cash

-5.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93