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
About this deal
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
- 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.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $3.3M for 2,115 square feet (2022).
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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