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21 East 61st Street

Richard Nassimi Represents Buyer In $3M Condo Sale At 21 East 61st Street Upper East Side
SOLDCondo

Richard Nassimi Represents Buyer In $3M Condo Sale At 21 East 61st Street Upper East Side

21 East 61st Street

$3,000,000

$2,666/SF

Building Size

1,125 SF

Asset Type

Condo

Closing

Nov 2, 2025

AI

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.

Players

Richard Nassimi

Douglas Elliman

Broker

$56.4M

vol

34 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93