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443 Greenwich Street, New Y...

Updated Sep 9, 2024

Bilt advertisement
Justin Timberlake & Jessica Biel Sell TriBeCa Residential Condo For $29M
SOLD

Justin Timberlake & Jessica Biel Sell TriBeCa Residential Condo For $29M

443 Greenwich Street, New York City, New York 10013, United States

$29,000,000

$169/SF

Building Size

171,420 SF

Asset Type

Closing

Dec 21, 2021

About this deal

AI

Justin Timberlake and Jessica Biel have sold their residential condo located at 443 Greenwich Street in TriBeCa for a price of $29,000,000. This stunning property spans approximately 5,400 square feet, with a price per square foot of $5,370. The sale of this residential condo marks an important transaction in the TriBeCa market.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $29,000,000
  • Address: 443 Greenwich Street
  • Market: TriBeCa
  • Square Footage: 5,400
  • Price Per Square Foot: $5,370

Tal Alexander and Oren Alexander from Douglas Elliman represented Justin Timberlake and Jessica Biel as the sellers in this transaction. Their expertise and guidance played a crucial role in securing the successful sale of this residential condo in TriBeCa.

Players

Allison Bandier Koffman

Sotheby's International Realty

Broker

$53.6M

vol

3 deals

Broker

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $169 per square foot on a published $29M for 171,420 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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