Famille Maury Acquires Condo In Manhattan For $2.535M With Buyer's Representatives Joachim Gruet & Stephanie Botchway
SOLD
New York
See Similar DealsCondo1,163 SF
Sold 12/10/2025
SOLD
Famille Maury Acquires Condo In Manhattan For $2.535M With Buyer's Representatives Joachim Gruet & Stephanie Botchway
252 South Street
See Similar DealsCondo1,163 SF
Sold 12/10/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,179
Total Square Footage:1,163 SF
Transaction Type:Sale
The asset involved in this transaction is a condo located at 252 South Street in Manhattan. The sale was completed for $2,535,000, covering a total area of 1,163 square feet, which brings the price per square foot to $2,179.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,535,000
- Address: 252 South Street
- Market: Manhattan
- Square Footage: 1,163
- Price Per Square Foot: $2,179
- Buyer: Famille Maury
- Seller: Extell Development
- Buyer's Representative: Joachim Gruet & Stephanie Botchway - BARNES International Realty
This transaction involved an international all-cash buyer, Famille Maury, with representation from Joachim Gruet and Stephanie Botchway, associated with BARNES International Realty, signaling a significant deal in the Manhattan market.
Players
BROKERAGE
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$135,199.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,006.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,017.19
Annual Debt Service$144,206.32
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