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
About this deal
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:
- Property Type: Condo
- Transaction Amount: $29,000,000
- Seller: Kain Warwick
- Brokers: Scott Francis, Ashley Brooke, Sara Gore & Ryan Serhant - Serhant
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.
On the Map
$29,000,000
Condo
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New York Condo Market Snapshot
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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