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Rhonda Sassoon Sells Co-op On Wooster Street In SoHo For $5.2M

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SOLD
$5,200,000

New York

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Other3,600 SF
Sold 06/30/2021
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Property Image
SOLD

Rhonda Sassoon Sells Co-op On Wooster Street In SoHo For $5.2M

133 Wooster Street, Manhattan, New York, NY, USA

See Similar Deals
Other3,600 SF
Sold 06/30/2021
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Summary

NEW YORK
Asset Type:Other
Price Per Square Foot:$1,444
Total Square Footage:3,600 SF
Transaction Type:Sale

The co-op property located at 133 Wooster Street in SoHo was recently sold in a transaction. The property has a total square footage of 3,600 and is situated on a lot with dimensions of 40 ft x 94.33 ft. The property was sold for a sale price of $5,200,000, which translates to a price per square foot of $1,444. The initial asking price for the property was $5,800,000. The transaction took place on June 30, 2021.

Summary of transaction details

  • Property Type: Co-op
  • Transaction Amount: $5,200,000
  • Address: 133 Wooster Street, SoHo
  • Square Footage: 3,600
  • Price per Square Foot: $1,444
  • Seller: Rhonda Sassoon
  • Buyer's Representative: Marko Arsic - Corcoran Group
  • Seller's Representative: Scott Allison - Douglas Elliman
  • Lot Size: 4
  • Lot Dimensions: 40 ft x 94.33 ft

The deal was facilitated by Marko Arsic from the Corcoran Group, who represented the buyer, and Scott Allison from Douglas Elliman, who represented the seller. The transaction had a Floor-Area Ratio (FAR) of 6.79.

Players

Marko Arsic
2 deals$12.2M volume
BROKER

Scott Allison
Douglas Elliman
1 deal$5.2M volume
BROKER

Details

SOLD
IMAGE: 06/30/2021 ADDRESS: 133 Wooster Street, MARKET: SoHo ASSET TYPE: Co-op ~ ZONING: M1-5A SELLER: Rhonda Sassoon BUYER’S REP: Marko Arsic - Corcoran Group SELLER’S REP: Scott Allison - Douglas Elliman ASKING PRICE: $5,800,000 SALE PRICE: $5,200,000 SF: 3,600 ~ PPSF: $1,444 FAR: 6.79 LOT SIZE: 4, LOT DIMENSIONS: 40 ft x 94.33 ft

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$277,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,474.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,650.65
Annual Debt Service$295,807.83