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181 Hudson Street, New York...

Serhant Represents Buyer In $5.2M Condo Sale In TriBeCa
SOLD

Serhant Represents Buyer In $5.2M Condo Sale In TriBeCa

181 Hudson Street, New York City, New York 10013, United States

$5,200,000

$1,781/SF

Building Size

2,919 SF

Asset Type

Closing

Oct 13, 2022

AI

Located in TriBeCa, the condo at 181 Hudson Street, 4BC recently changed hands in a closed transaction. The property spans 2,919 square feet and features a convenient layout. The deal was facilitated by the seller's representatives, Mark David Fromm and Claudia Saez Fromm from Mark David & Company Real Estate, LLC, and the buyer's representative, Taylor Middleton from Serhant. The sale price for this TriBeCa condo was $5,200,000, resulting in a price per square foot of $1,781.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $5,200,000
  • Address: 181 Hudson Street, 4BC
  • Market: TriBeCa
  • Asset Type: Condo

Taylor Middleton from Serhant represented the buyer in this transaction, while Claudia Saez Fromm and Mark David Fromm from Mark David & Company Real Estate, LLC represented the seller. This successful deal highlights the expertise and professionalism of these real estate professionals in the competitive market of TriBeCa.

Players

Claudia Saez Fromm

Douglas Elliman

Broker

$74.3M

vol

5 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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93