Derek Melvin & Hayley Jones Acquire $8.65M Tribeca Condo With Catherine Juracich - The Corcoran Group
53 Leonard Street, New York City, New York 10013, United States
$8,650,000
$2,135/SF
Building Size
4,050 SF
Asset Type
—
Closing
Jul 7, 2022
AI
Located at 53 Leonard St., Tribeca, this condominium property was recently sold. The sale, which took place on 07/08/2022, involved a total area of 4,050 square feet. The selling price for this condo was $8,650,000, resulting in a price per square foot of $2,135.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,650,000
- Address: 53 Leonard St., Tribeca
- Square Footage: 4,050
Derek Melvin and Hayley Jones were the buyers in this transaction. Representing the buyers in this deal was Catherine Juracich from The Corcoran Group.
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
1.83%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93