Cheget LLC Acquires Harvey Weinstein's Manhattan Townhouse For $26.5M
13 Bank St, New York, NY 10014, USA
Building Size
50,000 SF
Asset Type
Other
Closing
Mar 26, 2018
About this deal
AI
A townhouse located at 13 Bank Street in Manhattan has been sold for $26,500,000. The property spans 5,000 square feet and has a price per square foot of $5,300.
Summary of transaction details
- Property Type: Townhouse
- Transaction Amount: $26,500,000
- Square Footage: 5,000 sf
- Price per Square Foot: $5,300
- Address: 13 Bank Street, New York, Manhattan
The seller of the townhouse was Harvey Weinstein, a 66-year-old individual who was born in Flushing, Queens. Weinstein is well-known for co-founding Miramax and weinsteinco. Recently, he faced numerous allegations made by over 80 women, which triggered widespread attention. Despite these controversies, Cheget LLC emerged as the buyer in this transaction.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93