Richard Nassimi Of Douglas Elliman Sells Lincoln Square Condo For $1.325M
30 West 61st Street
$1,325,000
$1,204/SF
Building Size
1,100 SF
Asset Type
Condo
Closing
Jun 23, 2025
About this deal
AI
The property involved in this transaction is a condo located at 30 West 61st Street in the Lincoln Square market. The sale price of the condo was $1,325,000. It comprises 1,100 square feet, resulting in a price per square foot of $1,204.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,325,000
- Sale Date: 6/24/2025
- Seller: Richard Nassimi
- Seller's Agent: Richard Nassimi - Douglas Elliman
The transaction was conducted with Richard Nassimi representing himself as the seller through Douglas Elliman, highlighting the involvement of established real estate professionals in the deal. The focus on a single party in the representation speaks to the straightforward nature of the transaction in this market.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $1.3M for 1,100 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.97%
Cash-on-Cash
-3.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93