Compass Represents Buyer In $3.4M Condo Sale In Tribeca
SOLD
$3,400,000
New York
See Similar Deals2,292 SF
Sold
SOLD
Compass Represents Buyer In $3.4M Condo Sale In Tribeca
429 Greenwich Street, New York City, New York 10013, United States
See Similar Deals2,292 SF
Sold
Summary
NEW YORK
Price Per Square Foot:$1483
Total Square Footage:2292 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$181,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,079.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,117.73
Annual Debt Service$193,412.82
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