Luxurious Condo At 100 Vandam Street Rented For $125K/month In NYC
100 Vandam St #20a New York, NY 10013, USA
$230
$230/SF
Building Size
6,500 SF
Asset Type
Condo
Closing
Jul 27, 2023
AI
A penthouse at 100 Vandam Street in NYC has been rented for $125,000 per month, making it one of the highest publicized residential leases in the city. This luxurious unit, located on the 20th floor (Unit 20A), offers six bedrooms, 6.5 bathrooms, and spans 6,500 square feet of living space. Additionally, it boasts over 4,100 square feet of outdoor space, providing breathtaking 360-degree views of the city.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $125,000 per month
- Address: 100 Vandam Street Unit 20A
- Market: Hudson Square
This high-profile lease transaction was facilitated by a team of real estate professionals. The landlord's representative, Jessica Campbell from Nest Seekers International, played a crucial role in securing this deal. On the tenant's side, Cash Bernard, Cyrus Eyn, and Khashy Eyn from Platinum Properties acted as their representatives, ensuring a smooth negotiation process.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
68969.57%
Cash-on-Cash
-19711.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93