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62 Beach Street

Alexander Zweig Sells Tribeca Condo At 62 Beach Street For $9 Million In All-Cash Deal
SOLDCondo

Alexander Zweig Sells Tribeca Condo At 62 Beach Street For $9 Million In All-Cash Deal

62 Beach Street

$9,000,000

$2,686/SF

Building Size

3,350 SF

Asset Type

Condo

Closing

May 7, 2025

AI

A condo located at 62 Beach Street in the Tribeca market of Manhattan was sold for $9,000,000. The property, measuring 3,350 square feet, has a price per square foot of $2,687.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $9,000,000
  • Address: 62 Beach Street
  • Market: Tribeca, Manhattan
  • Seller: Alexander Zweig
  • Broker Representatives: Ryan Serhant, Greg Vladi, & Akansha Lama - Serhant
  • Square Footage: 3,350
  • Price Per Square Foot: $2,687

Alexander Zweig completed the sale of his Tribeca loft in an all-cash deal, which went into contract within a day, highlighting the swift nature of this transaction.

Players

Ryan Serhant

Serhant

Broker

$1.1B

vol

44 deals

Broker

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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93