facebook
Traded Co logo
Submit
Daily limit: 0/10

Seaver 41 LLC Acquires Condo At 41 Bond Street From Fred Gehring For $9M

Property Image
SOLD
$9,000,000
Clif Thorn
James (Jim) Testa

New York

See Similar Deals
Condo2,600 SF
Sold 11/21/2025
the dealplayerscompscontact
Property Image
SOLD

Seaver 41 LLC Acquires Condo At 41 Bond Street From Fred Gehring For $9M

41 Bond Street

See Similar Deals
Condo2,600 SF
Sold 11/21/2025
Clif Thorn
James (Jim) Testa
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$3,461
Total Square Footage:2,600 SF
Transaction Type:Sale

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

Clif Thorn
Douglas Elliman
Clif Thorn
1 deal$9M volume(917) 279-6240
BROKER
James (Jim) Testa
Douglas Elliman
James Testa
1 deal$9M volume(917) 279-6230
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Clif Thorn, Fred Gehring & James Testa DATE: 11/21/2025 ADDRESS: 41 Bond Street MARKET: NoHo ASSET TYPE: Condo BUYER: Seaver 41, LLC SELLER: Fred Gehring BROKERS: Clif Thorn (@ClifThorn) & James Testa - Douglas Elliman (@DouglasElliman) SALE PRICE: $9,000,000 SF: 2,600 ~ PPSF: $3,462 NOTE: Fred Gehring sold his 2,600-square-foot condo at 41 Bond Street for just under $9M, after listing it for $9.8M last year. The buyer was Seaver 41 LLC, tied to Pleasantville-based A-CAP, with Douglas Elliman brokers Clif Thorn and James Testa representing the seller.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10