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70 Vestry Street #5B

Tal Alexander Acquires Condo At 70 Vestry Street In Tribeca, Manhattan For $16M
SOLDCondo

Tal Alexander Acquires Condo At 70 Vestry Street In Tribeca, Manhattan For $16M

70 Vestry Street #5B

$16,000,000

$4,935/SF

Building Size

3,242 SF

Asset Type

Condo

Closing

Sep 18, 2023

AI

The condo located at 70 Vestry Street in Tribeca, Manhattan has been sold for $16,000,000. Spanning across 3,242 square feet, the property offers a spacious living space for its new owners. The price per square foot comes to $4,935, reflecting the luxury and value of this desirable condo.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $16,000,000
  • Square Footage: 3,242
  • Price Per Square Foot: $4,935
  • Address: 70 Vestry Street, Tribeca, Manhattan

Tal Alexander, the official representative of the buyer, played a pivotal role in facilitating this sale. Catherine Juracich, from The Corcoran Group, represented the seller, showcasing her expertise in the real estate market. Their involvement in the transaction highlights the significance of experienced professionals in the property industry.

Players

Tal Alexander

Official

Broker

$1.8B

vol

83 deals

Broker

Market 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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93