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429 Greenwich Street, New Y...

Updated Dec 18, 2023

Compass Represents Buyer In $3.4M Condo Sale In Tribeca
SOLD

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

About this deal

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.

On the Map

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$3,400,000

$1,483/SF

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Players

Kiran Mummidichetty

Compass

Broker

$29.8M

vol

5 deals

Broker
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New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.5K per square foot on a published $3.4M for 2,292 square feet (2022).

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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

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