Scope Entertainment Acquires Condo On 93 Worth Street Tribeca For $6.3M
SOLD
$6,300,000
New York
See Similar DealsCondo3,797 SF
Sold
SOLD
Scope Entertainment Acquires Condo On 93 Worth Street Tribeca For $6.3M
93 Worth Street
See Similar DealsCondo3,797 SF
Sold
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1659
Total Square Footage:3797 SF
Transaction Type:Sale
The property at 93 Worth Street in Tribeca, Manhattan, a condo spanning 3,797 square feet, was sold for $6,300,000 at a price per square foot of $1,659. The transaction took place on 04/24/2024 with Scope Entertainment purchasing from Edan Pinkas.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,300,000
- Buyer: Scope Entertainment
- Seller: Edan Pinkas
- Brokers: Benjamin Mayell, Salvatore Carillo, & Jenna Scotti - Mayell Real Estate
- Address: 93 Worth Street, Tribeca, Manhattan
- Square Footage: 3,797
- Price Per Square Foot: $1,659
- Date: 04/24/2024
The deal was facilitated by the real estate brokers Benjamin Mayell, Salvatore Carillo, and Jenna Scotti, representing the parties involved in the sale. Mayell Real Estate played a pivotal role in orchestrating the successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
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