Ian Nowland & Samantha Singh Acquire Tribeca Condo For $5.7M
SOLD
$5,700,000
New York
See Similar Deals2,322 SF
Sold 07/18/2022
SOLD
Ian Nowland & Samantha Singh Acquire Tribeca Condo For $5.7M
250 West Street, New York City, New York 10013, United States
See Similar Deals2,322 SF
Sold 07/18/2022
Summary
NEW YORK
Price Per Square Foot:$2,454
Total Square Footage:2,322 SF
Transaction Type:Sale
Located at 250 West St. in Tribeca, this condo measuring 2,322 square feet was recently sold for $5,700,000. The sale took place on July 18, 2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,700,000
- Square Footage: 2,322
The buyer of this condo unit was Ian Nowland and Samantha Singh. Represented by Rich Gibbons from Prevu Real Estate, the buyers successfully completed the transaction. On the other hand, Devin Someck from Living New York acted as the seller's representative.
With a price of $2,454 per square foot, this condominium offers an attractive investment opportunity in the sought-after neighborhood of Tribeca.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$304,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,250.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,020.91
Annual Debt Service$324,250.90
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