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51 Greene St New York, NY 1...

Jonathan And Catherine Rizzo Acquire Soho Condo At 51 Greene Street For $4.7M
SOLDCondo

Jonathan And Catherine Rizzo Acquire Soho Condo At 51 Greene Street For $4.7M

51 Greene St New York, NY 10013

$4,725,000

$2,010/SF

Building Size

2,350 SF

Asset Type

Condo

Closing

May 1, 2023

AI

A condo located at 51 Greene Street in Soho has been sold for a price of $4,725,000. The property spans 2,350 square feet, resulting in a price per square foot of $2,011. The transaction took place on 05/01/2023.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,725,000
  • Square Footage: 2,350
  • Price Per Square Foot: $2,011
  • Address: 51 Greene Street, Soho

The buyers of this condo are Jonathan and Catherine Rizzo, while Jerry Javam is the seller. The deal was facilitated by Pierre Cadourcy, Alexander Boriskin, and Michael Lorber from Douglas Elliman.

Players

Michael Lorber

Douglas Elliman

Broker

$268.9M

vol

39 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

3.36%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93