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
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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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