53 Leonard PH, LLC Acquires Triplex Penthouse In Tribeca From Bart And Cheryl McDonough For $9.5M
53 Leonard Street
$9,500,000
$2,878/SF
Building Size
3,300 SF
Asset Type
Condo
Closing
Oct 8, 2026
About this deal
AI
A triplex penthouse located at 53 Leonard Street in Tribeca was sold for a transaction amount of $9,500,000. The condo spans 3,300 square feet, resulting in a price per square foot of approximately $2,879.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,500,000
- Address: 53 Leonard Street
- Market: Tribeca, Manhattan
- Square Footage: 3,300
- Price per Square Foot: $2,879
- Buyer: 53 Leonard PH, LLC
- Seller: Bart and Cheryl McDonough
- Brokers: Tinnie Sassano & Yardena Agresta - Compass
Bart and Cheryl McDonough were the sellers of the condo, which was acquired by 53 Leonard PH, LLC. The transaction was facilitated by brokers Tinnie Sassano and Yardena Agresta from Compass.
On the Map
$9,500,000
$2,878/SF
Condo
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Players
New York 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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93