Steven Gurney-Goldman Purchases Tribeca Condo For $7M With Joshua Winston As Buyer's Rep
60 Warren Street
$7,000,000
$1,666/SF
Building Size
4,200 SF
Asset Type
Condo
Closing
Apr 23, 2025
AI
The property involved in this transaction is a condo located at 60 Warren Street in the Tribeca market. The sale price for the condo was $7,000,000, and it spans a total area of 4,200 square feet, resulting in a price per square foot of $1,667.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,000,000
- Address: 60 Warren Street
- Market: Tribeca
- Square Footage: 4,200
- Price per Square Foot: $1,667
- Buyer: Steven Gurney-Goldman
- Seller: Ornella Pisano & Pietro Russino
- Buyer's Representative: Joshua Winston - Douglas Elliman
- Seller's Representative: Ugo Russino - Compass
The transaction was notable as Steven Gurney-Goldman, an heir to the Goldman real estate fortune and a partner at Arena Capital Partners, purchased the condo in an all-cash deal amidst ongoing legal battles regarding his stake in the family business.
Players
New York 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93