Richard Nassimi Sells Retail Condo At 412 West 14th Street In Meatpacking District For $26.45M
412 West 14th Street
$26,400,000
$1,490/SF
Building Size
17,710 SF
Asset Type
Condo
Closing
Sep 30, 2026
About this deal
AI
The retail condo at 412 West 14th Street, located in the Meatpacking District of Manhattan, was sold for $26,450,000. The property encompasses a total square footage of 17,710, translating to a price per square foot of $1,494.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $26,450,000
- Address: 412 West 14th Street
- Market: Meatpacking District, Manhattan
- Broker: Richard Nassimi
The broker representing this transaction was Richard Nassimi, who facilitated the sale in the Meatpacking District market.
The condo sale at 412 West 14th Street in New York, New York sold for $26.4M in 2026. The building is 17,710 square feet, implying about 1.5K per square foot on the published price. Named participants on the 412 West 14th Street sale are Richard Nassimi. This page is the New York, New York file for the 412 West 14th Street condo sold: pricing, party profiles, and other closed condo comps from the same New York sit in the Market section below. Filter that New York condo set by closing date to see what else sold near 412 West 14th Street around 2026. Published consideration for 412 West 14th Street is $26.4M, dated 2026. Cite this Richard Nassimi Sells Retail Condo At 412 West 14th Street In Meatpacking District For $26.45M sale when underwriting similar condo product around New York, New York.
On the Map
$26,400,000
$1,490/SF
Condo
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New York Condo Market Snapshot
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Deal FAQ
About $1.5K per square foot on a published $26.4M for 17,710 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93