Jonathan And Catherine Rizzo Acquire Soho Condo At 51 Greene Street For $4.7M
SOLD
$4,725,000
New York
See Similar DealsCondo2,350 SF
Sold 05/01/2023
SOLD
Jonathan And Catherine Rizzo Acquire Soho Condo At 51 Greene Street For $4.7M
51 Greene St New York, NY 10013
See Similar DealsCondo2,350 SF
Sold 05/01/2023
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,010
Total Square Footage:2,350 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$252,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,786.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,398.91
Annual Debt Service$268,786.93
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