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55 W 9th St New York, NY 10...

Fabien Baron Sells West Village Townhouse For $18 Million
SOLDSingle Family

Fabien Baron Sells West Village Townhouse For $18 Million

55 W 9th St New York, NY 10011, USA

$18,000,000

$3,861/SF

Building Size

4,662 SF

Asset Type

Single Family

Closing

Aug 23, 2023

AI

Fabien Baron, founder of global creative agency Baron & Baron, has sold his single-family townhouse located at 55 West Ninth Street in Greenwich Village, Manhattan. The property was purchased 12 years ago for $9.4 million and has now been sold for $18 million, nearly doubling its initial purchase value. The townhouse spans 4,662 square feet and has a price per square foot of $3,861.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $18,000,000
  • Address: 55 West Ninth Street
  • Market: Greenwich Village, Manhattan

Leading the transaction were brokers Jim St. André, Michael Maniawski, Trevor Stephens from Compass, and Wesley Stanton from Douglas Elliman. They played significant roles in facilitating the sale of Fabien Baron's townhouse in the West Village neighborhood.

Players

Michael Maniawski

Compass

Broker

$19.8M

vol

2 deals

Broker

New York Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.88%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93