Derek Melvin & Hayley Jones Acquire $8.65M Tribeca Condo With Catherine Juracich - The Corcoran Group
SOLD
$8,650,000
New York
See Similar Deals4,050 SF
Sold 07/08/2022
SOLD
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
See Similar Deals4,050 SF
Sold 07/08/2022
Summary
NEW YORK
Price Per Square Foot:$2,135
Total Square Footage:4,050 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$461,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,731.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,005.41
Annual Debt Service$492,064.96
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