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49 Chambers Street PHA

Updated Dec 4, 2024

Berkshire Hathaway Home Services Acquires Tribeca Condo At 49 Chambers Street PHA For $6.95M
SOLD

Berkshire Hathaway Home Services Acquires Tribeca Condo At 49 Chambers Street PHA For $6.95M

49 Chambers Street PHA

Building Size

Asset Type

Closing

Sep 15, 2022

About this deal

AI

A luxurious condo in Tribeca has recently been sold for a staggering $6,950,000. This spacious property spans 3,597 square feet and is located at 49 Chambers Street PHA. The condo offers a prime location in the highly sought-after Tribeca market. With a price per square foot of $1,932, this sale represents a significant transaction in the area.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $6,950,000
  • Address: 49 Chambers Street PHA
  • Market: Tribeca
  • Square Footage: 3,597
  • Price Per Square Foot: $1,932

The seller of this remarkable condo is The Chetrit Group. Representing the buyer is Edward Prindiville of Berkshire Hathaway Home Services. On the other side of the deal, Maria Mainieri of Douglas Elliman acted as the seller's representative. These experienced individuals played a crucial role in facilitating this successful transaction.

Players

Chetrit Group
Chetrit GroupSeller
Chetrit Group
Chetrit GroupLender

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

Berkshire Hathaway Home Services bought a home in 2022. The full closing is on this page.

Browse this market sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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