Compass Represents Buyer In $3.4M Condo Sale In Tribeca
429 Greenwich Street, New York City, New York 10013, United States
$3,400,000
$1,483/SF
Building Size
2,292 SF
Asset Type
—
Closing
Jul 5, 2022
AI
Located at 429 Greenwich St. in Tribeca, this condominium was recently sold for a price of $3,400,000. Spanning 2,292 square feet, the condo features a price per square foot of $1,483. The transaction took place on July 6, 2022.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $3,400,000
- Address: 429 Greenwich St., Tribeca
- Square Footage: 2,292
- Price per Square Foot: $1,483
Kiran Mummidichetty and Laura Groppe from Compass represented the buyer, while Mara Flash Blum from Sotheby's International Realty represented the seller in this transaction.
Players
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93