Jennifer Gates Acquires Tribeca Condo For $51 Million Via @NickGavinNYC @Compass
$51,000,000
$5,730/SF
Building Size
8,900 SF
Asset Type
Condo
Closing
Feb 15, 2023
About this deal
AI
Jennifer Gates has recently purchased a condo in the Tribeca market for a whopping price of $51,000,000. The condo spans across a generous 8,900 square feet and is located in the highly sought-after neighborhood of Tribeca.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $51,000,000
- Market: Tribeca
- Square Footage: 8,900
In this notable real estate deal, Jennifer Gates was represented by @NickGavinNYC from Compass. The purchase price for the condo equates to an impressive price per square foot of $5,730.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $5.7K per square foot on a published $51M for 8,900 square feet (2023).
Browse this market condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93