facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Condo

/

Sale

/

151 Wooster St New York, NY...

Sycamore Partners' Fredrik Eklund Sells Soho Penthouse For $50M With Ryan Serhant As Buyer's Rep
SOLDCondo

Sycamore Partners' Fredrik Eklund Sells Soho Penthouse For $50M With Ryan Serhant As Buyer's Rep

151 Wooster St New York, NY 10012, USA

$50,000,000

$5,000/SF

Building Size

10,000 SF

Asset Type

Condo

Closing

Jul 3, 2023

AI

A penthouse located at 151 Wooster Street in Soho was sold for $50 million in an off-market transaction. The 10,000-square-foot apartment was a combination of multiple units and was sold by an entity associated with Stefan Kaluzny, managing director of the private equity firm Sycamore Partners.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $50,000,000
  • Address: 151 Wooster Street
  • Market: Soho

The seller's representative in the deal was John Gomes from Douglas Elliman, while the buyer was represented by Ryan Serhant from Serhant. The penthouse was sold to Sycamore Partners, with Fredrik Eklund acting as the seller.

Players

Fredrik Eklund

Douglas Elliman

Broker

$771.5M

vol

27 deals

Broker

New York Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.32%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93