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Hubert Eleven Trust Acquires Condo At 250 West Street From Amirali Handjani For $21.44M
SOLD
$21,435,750
New York
See Similar DealsCondo3,768 SF
Sold
SOLD
Hubert Eleven Trust Acquires Condo At 250 West Street From Amirali Handjani For $21.44M
250 West Street
See Similar DealsCondo3,768 SF
Sold
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$5688
Total Square Footage:3768 SF
Transaction Type:Sale
A 3,768 sq ft condo situated at 250 West Street in TriBeCa, Manhattan, has been sold for $21,435,750. The price per square foot amounts to approximately $5,689. The seller, Amirali Handjani, has completed this transaction with the buyer being the Hubert Eleven Trust.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $21,435,750
- Address: 250 West Street
- Market: TriBeCa, Manhattan
- Square Footage: 3,768
- Price per Square Foot: $5,689
- Buyer: Hubert Eleven Trust
- Seller: Amirali Handjani
- Sale Date: February 27, 2026
The sale reflects a significant real estate transaction, involving the buyer Hubert Eleven Trust, which has acquired the property from Amirali Handjani. Both parties have successfully completed the transfer on the stipulated date.
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,143,240.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$76,156.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$101,616.39
Annual Debt Service$1,219,396.69
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