Tal Alexander & Jared Schwadron Represent Kevin Love's $13.25M Sale In Tribeca Condo
70 Vestry Street
$13,250,000
$5,224/SF
Building Size
2,536 SF
Asset Type
Condo
Closing
Mar 6, 2024
About this deal
AI
Located at 70 Vestry Street, 4D in Tribeca, Manhattan, the asset involved in the transaction is a Condo spanning 2,536 square feet. The property was sold for $13,250,000 at a price per square foot of $5,223.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $13,250,000
- Address: 70 Vestry Street, 4D
- Market: Tribeca, Manhattan
- Seller: Kevin Love
- Buyers Rep: Tal Alexander & Jared Schwadron - Official
- Sellers Rep: Hannah Bomze - Casa Blanca
- SF: 2,536
- PPSF: $5,223
The deal's key individuals included Tal Alexander and Jared Schwadron representing the buyers, alongside Hannah Bomze from Casa Blanca representing the seller, Kevin Love.
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
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93