Arsenal Capital Partners Acquires 6th Floor Condo At 67 Vestry Street In Tribeca For $24.5M
67 Vestry St New York, NY 10013, USA
$24,500,000
$4,224/SF
Building Size
5,800 SF
Asset Type
Condo
Closing
Jul 6, 2023
About this deal
AI
Investor Jeffrey Kovach has purchased a sixth-floor unit in Elliot Aronson's 67 Vestry Street condominium in Tribeca. The condo, located at 67 Vestry Street, New York, offers six bedrooms, five bathrooms, and spans 5,800 square feet. The unit boasts stunning views of the Hudson River. The sale price for this transaction was $24,500,000, resulting in a price per square foot of $4,224.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $24,500,000
- Address: 67 Vestry Street, New York
- Market: New York
- Buyer: Arsenal Capital Partners - Jeffrey Kovach
- Broker: Sebastian Steinau - The Corcoran Group
- Square Footage: 5,800
- Price per Square Foot: $4,224
Arsenal Capital Partners, represented by Jeffrey Kovach, completed the purchase of this prestigious condo unit. The transaction was facilitated by Sebastian Steinau from The Corcoran Group.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93