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
About this deal
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.
On the Map
$815,000
$1,344/SF
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $815K for 606 square feet (2025).
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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