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93 Worth Street

Scope Entertainment Acquires Condo On 93 Worth Street Tribeca For $6.3M
SOLDCondo

Scope Entertainment Acquires Condo On 93 Worth Street Tribeca For $6.3M

93 Worth Street

$6,300,000

$1,659/SF

Building Size

3,797 SF

Asset Type

Condo

Closing

Apr 24, 2024

AI

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:

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.

Players

Benjamin Mayell

Mayell Real Estate

Broker

$30.3M

vol

18 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

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93