Elton Smith Acquires Tribeca Penthouse From Franck L. Jordan For $4.224M
19 Murray Street
$4,224,000
$1,105/SF
Building Size
3,820 SF
Asset Type
Condo
Closing
Sep 25, 2026
About this deal
AI
This condo is located at 19 Murray Street Penthouse in the Tribeca market of Manhattan. The property encompasses approximately 3,820 square feet and features 5 bedrooms, with a sale price of $4,224,000, resulting in a price per square foot of $1,105.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,224,000
- Address: 19 Murray Street Penthouse
- Market: Tribeca, Manhattan
- Square Footage: 3,820
- Price Per Square Foot: $1,105
- Buyer: Elton Smith
- Seller: Franck L. Jordan
- Brokers: Pierre Cadourcy, Michael Lorber & Alexander Boriskin - Douglas Elliman
The deal was facilitated through a highly curated network by Pierre Cadourcy, a top luxury real estate agent in Downtown Manhattan, with contributions from brokers Michael Lorber and Alexander Boriskin. This transaction occurred discreetly and off-market, highlighting the brokers' ability to match qualified buyers with exceptional residences. Note that another residence in Downtown Manhattan was sold with complete confidentiality.
On the Map
$4,224,000
$1,105/SF
Condo
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Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $4.2M for 3,820 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.76%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93