Lewis Hamilton Sells TriBeCa Residential Condo For $49.5M With Broker Nick Gavin
443 Greenwich Street, Manhattan, New York, NY, USA
$49,500,000
$5,561/SF
Building Size
8,900 SF
Asset Type
—
Closing
Dec 12, 2021
AI
Located in the prestigious TriBeCa neighborhood of New York City, a residential condo at 443 Greenwich Street has been sold in a recent transaction. The property, spanning across 8,900 square feet, offers a luxurious living space in a highly sought-after area. The seller of this exquisite condo was none other than renowned Formula 1 driver Lewis Hamilton. The transaction was facilitated by broker Nick Gavin, representing the seller in the deal. The sale took place in December 2021.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $49,500,000
- Address: 443 Greenwich Street
- Market: TriBeCa
- Square Footage: 8,900
The sale of this residential condo represents a significant milestone in the real estate market. Lewis Hamilton's involvement as the seller adds a touch of prestige to the transaction. The impressive price of $49,500,000 reflects the value of this prime property in TriBeCa. With its spacious living area and desirable location, this residential condo offers a luxurious lifestyle for its residents. The deal was successfully managed by broker Nick Gavin, who ensured a smooth transaction for the seller.
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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93