SOLDCondo
Alexandre Arnault Acquires Tribeca Condo For $18M
$18,000,000
$4,500,000/SF
Building Size
4 SF
Asset Type
Condo
Closing
Mar 17, 2023
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.
Players
Market 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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93