Seaver 41 LLC Acquires Condo At 41 Bond Street From Fred Gehring For $9M
41 Bond Street
$9,000,000
$3,461/SF
Building Size
2,600 SF
Asset Type
Condo
Closing
Nov 21, 2025
About this deal
AI
The property involved in this transaction is a condo located at 41 Bond Street in the NoHo market. The condo has a square footage of 2,600 and was sold for $9,000,000, resulting in a price per square foot of $3,462. The seller had initially listed the property for $9.8 million before finalizing the sale.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,000,000
- Address: 41 Bond Street
- Market: NoHo
- Square Footage: 2,600
- Price per Square Foot: $3,462
- Buyer: Seaver 41, LLC
- Seller: Fred Gehring
- Representatives: Clif Thorn & James Testa - Douglas Elliman
The transaction was represented by Clif Thorn and James Testa from Douglas Elliman, acting on behalf of the seller, Fred Gehring. The buyer, Seaver 41, LLC, is associated with A-CAP based in Pleasantville.
Players
Brooklyn 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93