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601 Washington Street

Kain Warwick Sells Four-Story Penthouse At 601 Washington Street For $29M In West Village
SOLDCondo

Kain Warwick Sells Four-Story Penthouse At 601 Washington Street For $29M In West Village

601 Washington Street

$29,000,000

Building Size

Asset Type

Condo

Closing

Jul 28, 2025

AI

The property involved in this transaction is a four-story glass penthouse located at 601 Washington Street in the West Village market. The condo was sold for $29,000,000.

Summary of transaction details:

Kain Warwick, a crypto entrepreneur, executed the sale of his penthouse, experiencing a loss of $1.65 million after purchasing it for $30.65 million in 2021.

Players

Ryan Serhant

Serhant

Broker

$1.1B

vol

44 deals

Broker
Serhant
SerhantBrokerage

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

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93