Clive Davis Sells Tribeca Penthouse For $4.6M
Tribeca, New York City
$4,600,000
$1,879/SF
Building Size
2,448 SF
Asset Type
Condo
Closing
May 18, 2023
About this deal
AI
Music legend Clive Davis has swiftly sold his Tribeca penthouse for $4.6 million. The condo, located in the trendy Tribeca neighborhood, measures 2,448 square feet. With a price per square foot of $1,879, the property offers a luxurious living space in one of New York City's most sought-after areas.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,600,000
- Square Footage: 2,448
- Price Per Square Foot: $1,879
- Market: Tribeca
Clive Davis, a renowned music industry figure, was the seller of this impressive Tribeca penthouse. The sale of this property marks another successful transaction for Davis, who is known for his career as a record producer and executive. The exact details of the buyer and any intermediaries involved in the deal were not disclosed.
Players
Buffalo Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $4.6M for 2,448 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93