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60 Front Street

Robyn Sorid Of G4 Capital Partners Purchases Condo From Joel Kestenbaum For $36.38M
Condo

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

Robyn Sorid

G4 Capital Partners

Buyer

$376.8M

vol

6 deals

Buyer

Joel Kestenbaum

Fortis Property Group

Seller

$125.1M

vol

5 deals

Seller

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