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129 Lafayette Street

Richard Nassimi Represents Seller In $10.1M Sale Of Condo At 129 Lafayette Street, Manhattan
SOLDCondo

Richard Nassimi Represents Seller In $10.1M Sale Of Condo At 129 Lafayette Street, Manhattan

129 Lafayette Street

$10,100,000

$2,173/SF

Building Size

4,647 SF

Asset Type

Condo

Closing

Jun 1, 2026

AI

The property asset involved in this transaction is a condo located at 129 Lafayette Street in Manhattan. The sale price was $10,100,000, with a total square footage of 4,647, resulting in a price per square foot of $2,173.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $10,100,000
  • Address: 129 Lafayette Street
  • Market: Manhattan
  • Square Footage: 4,647
  • Price Per Square Foot: $2,173
  • Seller's Representative: Richard Nassimi

Richard Nassimi represented the seller in this transaction. Notably, after nearly six years of unsuccessful marketing efforts, TNG took over the listing and secured a contract in only seven weeks.

Players

Richard Nassimi

Douglas Elliman

Broker

$67.5M

vol

37 deals

Broker

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

1.57%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93