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169 Spring Street, New York...

Lori Senecal Acquires Soho Condo For $3.3M With Brokers Pierre Cadourcy, Michael Lorber & Alexander Boriskin - Douglas Elliman
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

$3,300,000

$1,560/SF

Building Size

2,115 SF

Asset Type

Closing

Apr 24, 2022

AI

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

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.

Players

Michael Lorber

Douglas Elliman

Broker

$268.9M

vol

39 deals

Broker

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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93