Valery Samsung Acquires Tribeca Condo For $4.65M
SOLD
$4,650,000
+ 1
New York
See Similar DealsCondo3,100 SF
Sold 08/29/2023
SOLD
Valery Samsung Acquires Tribeca Condo For $4.65M
11 Vestry St New York, NY 10013, USA
See Similar DealsCondo3,100 SF
Sold 08/29/2023
+ 1
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,500
Total Square Footage:3,100 SF
Transaction Type:Sale
A condo located at 11 Vestry Street in Tribeca, Manhattan has been sold for $4,650,000. The property spans approximately 3,100 square feet and has a price per square foot of $1,500.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,650,000
- Square Footage: 3,100
- Price per Square Foot: $1,500
- Address: 11 Vestry Street, Tribeca, Manhattan
Valery Samsung has purchased the condo from the seller, Timothy Jones. The deal was facilitated by brokers Cameron Begg, Alexander Boriskin, and Michael Lorber from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$247,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,520.47
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,043.37
Annual Debt Service$264,520.47
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