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108 Leonard Street, New Yor...

Gildo Pallanca Pastor Acquires Residential Condo In TriBeCa For $8.7M
SOLD

Gildo Pallanca Pastor Acquires Residential Condo In TriBeCa For $8.7M

108 Leonard Street, New York City, New York 10013, United States

$8,700,000

$304/SF

Building Size

28,566 SF

Asset Type

Closing

Jan 30, 2022

AI

Gildo Pallanca Pastor recently purchased a residential condo located at 108 Leonard St in the TriBeCa market. The property, measuring 2,618 square feet, was sold for a total price of $8,700,000, resulting in a price per square foot of $3,323.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $8,700,000
  • Address: 108 Leonard St
  • Market: TriBeCa

In this deal, Gildo Pallanca Pastor acted as the buyer. The real estate transaction was facilitated by Marie Espinal from Douglas Elliman Real Estate.

Players

Aaron Appel

Walker & Dunlop

Broker

$34.5B

vol

203 deals

Broker
J.P. Morgan Chase
J.P. Morgan ChaseLender

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.82%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93