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Brad Jacobs Purchases SoHo Condo At 583 Broadway From Steven Dubb And Sebvy Drummond For $12.8M

Property Image
SOLD
$12,800,000

New York

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Condo4,678 SF
Sold 06/01/2026
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Property Image
SOLD

Brad Jacobs Purchases SoHo Condo At 583 Broadway From Steven Dubb And Sebvy Drummond For $12.8M

583 Broadway

See Similar Deals
Condo4,678 SF
Sold 06/01/2026
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,736
Total Square Footage:4,678 SF
Transaction Type:Sale

Brad Jacobs purchased a condo at 583 Broadway in Soho, Manhattan, characterized by its 4,678 square feet of space. The sale was completed for a price of $12.8 million, translating to a market value of $2,736 per square foot.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $12,800,000
  • Sale Date: June 1, 2026
  • Address: 583 Broadway, Soho, Manhattan
  • Square Footage: 4,678
  • Price Per Square Foot: $2,736
  • Buyer: Brad Jacobs
  • Seller: Steven Dubb & Sebvy Drummond

In this transaction, Brad Jacobs acquired the property, while Steven Dubb and Sebvy Drummond acted as the sellers in the closing of the deal. The transaction involved prominent figures in the Manhattan real estate market, showcasing a significant exchange of luxury property assets.

Players

BJ
Brad Jacobs
4 deals$97.8M volume
BUYER

Details

SOLD
IMAGE: 06/01/2026 ADDRESS: 583 Broadway MARKET: Soho, Manhattan ASSET TYPE: Condo BUYER: Brad Jacobs SELLER: Steven Dubb & Sebvy Drummond SALE PRICE: $12,800,000 SF: 4,678 - PPSF: $2,736 NOTE: Brad Jacobs purchased a 4,678-square-foot SoHo condo at 583 Broadway from Steven Dubb and Sebvy Drummond for $12.8 million. The Manhattan luxury real estate transaction closed on June 1, 2026, at a price of $2,736 per square foot.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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