Lori Senecal Acquires Soho Condo For $3.3M With Brokers Pierre Cadourcy, Michael Lorber & Alexander Boriskin - Douglas Elliman
SOLD
$3,300,000
New York
See Similar Deals2,115 SF
Sold 04/25/2022
SOLD
Lori Senecal Acquires Soho Condo For $3.3M With Brokers Pierre Cadourcy, Michael Lorber & Alexander Boriskin - Douglas Elliman
169 Spring Street, New York City, New York 10012, United States
See Similar Deals2,115 SF
Sold 04/25/2022
Summary
NEW YORK
Price Per Square Foot:$1,560
Total Square Footage:2,115 SF
Transaction Type:Sale
A condo located at 169 Spring Street in Soho has been sold in a recent transaction. The property, spanning 2,115 square feet, was purchased by Lori Senecal for a price of $3,300,000. The sale price per square foot equates to $1,560. The transaction took place on April 25, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,300,000
- Address: 169 Spring Street, Soho
- Buyer: Lori Senecal
- Seller: Todd Matthews
- Brokers: Pierre Cadourcy, Michael Lorber, & Alexander Boriskin - Douglas Elliman
The sale was facilitated by Pierre Cadourcy, Michael Lorber, and Alexander Boriskin, all representing Douglas Elliman. The transaction involved the parties mentioned above, with Lori Senecal as the buyer and Todd Matthews as the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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