facebook

traded

+ Submit
Home

/

Deals

/

New York

/

All

/

Sale

/

30 Park Pl, New York, NY 10...

Silverstein Properties Acquires Condo At 30 Park Place In TriBeCa For $9.3M
SOLD

Silverstein Properties Acquires Condo At 30 Park Place In TriBeCa For $9.3M

30 Park Pl, New York, NY 10007, USA

$9,300,000

$2,513/SF

Building Size

3,700 SF

Asset Type

Closing

Aug 11, 2020

AI

Located at 30 Park Place in the TriBeCa neighborhood, this half-floor condo unit offers stunning river-to-river views. With a spacious 3,700 square feet of living space, this unit is one of only ten A-line units in the building. The sale, which took place on August 12, 2020, was facilitated by brokers Sarah Williams and Ginette Behar representing an unidentified buyer. The asking price for this luxury condo was $9,500,000, and it was ultimately sold for $9,300,000. The price per square foot came to $2,513.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $9,300,000
  • Address: 30 Park Place
  • Market: TriBeCa
  • Developer: Silverstein Properties
  • Brokers: Sarah Williams & Ginette Behar

The condo at 30 Park Place was developed by Silverstein Properties. Sarah Williams and Ginette Behar, from an unspecified agency, represented the buyer in this transaction. This deal showcases the desirability and prestige of the TriBeCa market, with the property's stunning river-to-river views and luxurious amenities. The successful sale demonstrates the expertise and negotiating skills of the buyer's representatives, Sarah Williams and Ginette Behar.

Players

Sarah Williams

Societe Real Estate

Broker

$118.6M

vol

8 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93