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70 Vestry Street

Tal Alexander & Jared Schwadron Represent Kevin Love's $13.25M Sale In Tribeca Condo
SOLDCondo

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

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

Tal Alexander

Official

Broker

$1.8B

vol

83 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

1.20%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93