Robyn Sorid Of G4 Capital Partners Purchases Condo From Joel Kestenbaum For $36.38M
60 Front Street & 30 Front Street
Building Size
178,040 SF
Asset Type
Condo
Closing
Mar 10, 2026
AI
A condo located at 30-60 Front Street in Dumbo, Brooklyn, was involved in a sale transaction. The sale price of the property was $36,384,391, with a total square footage of 89,020, resulting in a price per square foot of $409.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $36,384,391
- Address: 30-60 Front Street
- Market: Dumbo, Brooklyn
- Square Footage: 89,020
- Price per Square Foot: $409
- Buyer: Robyn Sorid - G4 Capital Partners
- Seller: Joel Kestenbaum - Fortis Property Group
Robyn Sorid represented G4 Capital Partners in this acquisition, while Joel Kestenbaum represented Fortis Property Group in the sale of the condo.
Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · All transaction types transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93