Douglas Elliman Represents Sale Of Residential Condo In SoHo For $8.85M
180 6th Avenue
$8,850,000
$2,602/SF
Building Size
3,400 SF
Asset Type
Condo
Closing
Jan 19, 2021
AI
The residential condo located at 180 Sixth Ave. in SoHo has been sold for a total price of $8,850,000. The property spans across 3,400 square feet, resulting in a price per square foot of $2,602. The sale took place on January 19, 2021.
Summary of transation details
- Property Type: Residential Condo
- Transaction Amount: $8,850,000
- Address: 180 Sixth Ave., SoHo
- Square Footage: 3,400
- Price per Square Foot: $2,602
Tal Alexander, Oren Alexander, and Jen Stillman from DouglasElliman represented the buyer and seller in this transaction. The development of the property was carried out by Quinlan Development Group and Tavros Capital Partners. The architectural design was provided by BKSK Architects.
Players
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
1.79%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93