Building Size
4 SF
Asset Type
Condo
Closing
Mar 17, 2023
About this deal
AI
Alexandre Arnault has purchased a condo in the Tribeca market. The property spans 4,000 square feet and was sold for a total price of $18,000,000. The buyer's representative in the deal was Ryan Kaplan.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $18,000,000
- Market: Tribeca
- Square Feet: 4,000
In this transaction, Toni Haber represented the seller. The price per square foot for this sale was $4,500.
Alexandre Arnault Acquires Tribeca Condo For $18M is logged as a condo sale on Traded (2023). The building is 4 square feet, implying about 4.5M per square foot on the published price. Ryan Kaplan, Toni Haber, Douglas Elliman, Compass appear on the sale alongside Douglas Elliman, Compass. This page is the market file for the Alexandre Arnault Acquires Tribeca Condo For $18M condo sold: pricing, party profiles, and other closed condo comps from the same area sit in the Market section below. Cite this Alexandre Arnault Acquires Tribeca Condo For $18M sale when underwriting similar condo product.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $4.5M per square foot on a published $18M for 4 square feet (2023).
Visit Ryan Kaplan to view all their deals.
Browse New York condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93