Daniel Yun Acquires Tribeca Condo From Michael P. Davies For $11.4M
7 Hubert Street, Manhattan, New York, NY, USA
$11,400,000
$1,753/SF
Building Size
6,500 SF
Asset Type
—
Closing
Dec 13, 2020
About this deal
AI
A Condo located at 7 Hubert Street in Tribeca was recently sold. The transaction took place on 12/14/2020.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,400,000
- Address: 7 Hubert Street, Tribeca
- Buyer: Daniel Yun
- Seller: Michael P. Davies
- Square Footage: 6,554
- Price per Square Foot: $1,739
Daniel Yun purchased the condo from Michael P. Davies for a total price of $11,400,000. The condo has a spacious area of 6,554 square feet, resulting in a price per square foot of $1,739.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $11.4M for 6,500 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93