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70 Vestry Street, New York ...

Updated Dec 21, 2023

Jordan Roeschlaub Acquires 70 Vestry Street Condo In Manhattan For $12M
SOLD

Jordan Roeschlaub Acquires 70 Vestry Street Condo In Manhattan For $12M

70 Vestry Street, New York City, New York 10013, United States

$12,000,000

$78/SF

Building Size

153,549 SF

Asset Type

—

Closing

Mar 3, 2022

About this deal

AI

The property involved in this closed transaction is a condo located at 70 Vestry Street in TriBeCa, Manhattan. It has a total square footage of 3,242 and was sold at a price of $12,000,000. The price per square foot is $3,701, while the building's square footage ratio (BSF) stands at 190,858. The property is subject to zoning regulations of C6-3A and TMU. The lot size is 25,380, with dimensions of 176.47 ft x 139.77 ft. The last sale of the property took place on July 19, 2018, for a price of $11,755,500.

Summary of Transaction Details:

  • Property Type: Condo
  • Transaction Amount: $12,000,000
  • Buyer: Jordan Roeschlaub
  • Seller: Steven M. Nachman
  • Price per Square Foot (PPSF): $3,701
  • Square Footage (SF): 3,242
  • Building Square Footage (BSF): 190,858
  • Lot Size: 25,380
  • Last Sale Price: $11,755,500 (7/19/2018)
  • Lot Dimensions: 176.47 ft x 139.77 ft

Jordan Roeschlaub is the buyer in this transaction, while Steven M. Nachman is the seller. The property's floor area ratio (FAR) is 6.05, and it falls under tax class 2. Notable details about this closed transaction include the buyer's name, the seller's name, and the property's zoning information (C6-3A and TMU).

On the Map

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$12,000,000

$78/SF

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Players

Jordan Roeschlaub

Buyer

$12M

vol

8 deals

Buyer
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New York CRE Market Snapshot

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Deal FAQ

Jordan Roeschlaub bought a home in New York for $12M in 2022. The full closing is on this page.

About $78 per square foot on a published $12M for 153,549 square feet (2022).

Visit Jordan Roeschlaub to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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