Keegan Michael Key Sells TriBeCa Resi Condo At 56 Leonard Street For $5M
56 Leonard Street, Manhattan, New York, NY, USA
$5,000,000
$3,078/SF
Building Size
1,624 SF
Asset Type
—
Closing
Oct 27, 2021
About this deal
AI
Located in the trendy TriBeCa neighborhood, this residential condominium at 56 Leonard Street was recently sold in a closed transaction. The property offers a total square footage of 1,624, providing ample space for comfortable living. The sale price for this Resi Condo was $5,000,000, resulting in a price per square foot of $3,078.
Summary of transaction details
- Property Type: Resi Condo
- Transaction Amount: $5,000,000
- Address: 56 Leonard Street
- Market: TriBeCa
The seller of this property was the well-known actor and comedian Keegan-Michael Key. Represented by his own broker, Keegan-Michael Key successfully closed the deal, ensuring a smooth transaction for all parties involved.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $3.1K per square foot on a published $5M for 1,624 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93