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
About this deal
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.
On the Map
$16,000,000
$4,935/SF
Condo
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Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $4.9K per square foot on a published $16M for 3,242 square feet (2023).
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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