Neil Zaken & Jeremy Shevett Of Compass Secure Exclusive Condo Sale In Greenwich Village For $6.1M
525 Sixth Avenue
$6,100,000
$2,904/SF
Building Size
2,100 SF
Asset Type
Condo
Closing
Aug 1, 2026
About this deal
AI
The property involved in this transaction is a condo located at 525 Sixth Avenue in the Greenwich Village market of Manhattan. The sale price for this asset was $6,100,000, with a size of 2,100 square feet, leading to a price per square foot of $2,904.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,100,000
- Address: 525 Sixth Avenue
- Market: Greenwich Village, Manhattan
- Asset Size: 2,100 SF
- Price per Square Foot: $2,904
- Developer: Izaki Group Investments (IGI-USA) - Yoel Izaki
- Broker Representatives: Neil Zaken & Jeremy Shevett - Compass
Representing the client in this exclusive off-market transaction were Neil Zaken and Jeremy Shevett from Compass. They highlighted their success in securing one of the building's most sought-after residences, emphasizing their role in access to additional off-market opportunities through The Zaken | Shevett Team.
On the Map
$6,100,000
$2,904/SF
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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93