Richard Nassimi Represents Buyer In $3M Condo Sale At 21 East 61st Street Upper East Side
SOLD
$3,000,000
New York
See Similar DealsCondo1,125 SF
Sold 11/03/2025
SOLD
Richard Nassimi Represents Buyer In $3M Condo Sale At 21 East 61st Street Upper East Side
21 East 61st Street
See Similar DealsCondo1,125 SF
Sold 11/03/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,666
Total Square Footage:1,125 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 21 East 61st Street in the Upper East Side market. The sale price was $3,000,000, encompassing a total square footage of 1,125, which equates to a price per square foot of $2,666.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,000,000
- Address: 21 East 61st Street
- Market: Upper East Side
- Square Footage: 1,125
- Price per Square Foot: $2,666
- Buyer's Representative: Richard Nassimi
The key individuals involved in the deal include the buyer's representative, Richard Nassimi, who played a crucial role in facilitating the transaction for the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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