Compass Represents Seller In $9.5M Tribeca Condo Sale
71 Laight Street
$9,525,000
$294/SF
Building Size
32,403 SF
Asset Type
Condo
Closing
Sep 8, 2022
About this deal
AI
The property involved in the transaction is a condo located at 71 Laight St. in the TriBeCa market. The sale price was $9,525,000, with a total square footage of 3,243 and a price per square foot of $2,937.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,525,000
- Square Footage: 3,243
- Price per Square Foot: $2,937
- Address: 71 Laight St.
- Market: TriBeCa
- Seller’s Representative: Philip Scheinfeld & Sam Dahdal (Philip Scheinfeld Team) - Compass
The transaction was represented by brokers Philip Scheinfeld and Sam Dahdal from the Philip Scheinfeld Team at Compass, emphasizing their role in facilitating the sale process for the seller.
On the Map
$9,525,000
$294/SF
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93