Laura Platt Acquires Tribeca Resi Condo From Philip Silverman Grat Trust For $3.7M
60 Beach Street, Manhattan, New York, NY, USA
$3,725,000
$1,621/SF
Building Size
2,297 SF
Asset Type
—
Closing
Dec 17, 2020
AI
Located in Tribeca, the residential condo at 60 Beach Street, 6A was recently sold on December 18, 2020. The property, spanning 2,297 square feet, was acquired by Laura Platt for a price of $3,725,000. The transaction was facilitated by Corcoran brokers Sammy Benalloul and Beth Benalloul, representing the buyer in the deal. The seller was the Philip Silverman Grat Trust. The condo boasts a price per square foot of $1,622.
Summary of transaction details
- Property Type: Resi Condo
- Transaction Amount: $3,725,000
- Address: 60 Beach Street, 6A
- Market: Tribeca
The deal was successfully negotiated by Sammy Benalloul and Beth Benalloul from Corcoran, who acted as brokers representing the buyer, Laura Platt, in the transaction.
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
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93