Steven Berson Acquires TriBeCa Condo From Jesse Gonan For $15.5M
157 Hudson Street, New York City, New York 10013, United States
$15,500,000
$241/SF
Building Size
64,215 SF
Asset Type
Condo
Closing
Jun 5, 2022
About this deal
AI
Located at 157 Hudson Street in TriBeCa, Manhattan, this closed property transaction involved the sale of a condo. The zoning for this property is classified as C6-2A, TMU.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $15,500,000
- Address: 157 Hudson Street, TriBeCa, Manhattan
- Seller: Jesse Gonan
- Buyer: Steven Berson
The property has a building square footage (BSF) of 89,692, resulting in a per square foot (PPSF) price of $172. The lot size is 14,899 square feet, with dimensions of 66.17 ft x 176.42 ft. The sale price per square foot (PPSF) is $241 for the 64,215 square foot (SF) property.
Further details from the transaction include a floor area ratio (FAR) of 4.31 and a tax class of 2. The property was last sold on December 19, 2014, for a price of $12,100,000.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $241 per square foot on a published $15.5M for 64,215 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93