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
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
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