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443 Greenwich St New York, ...

Circlebox LLC Sells Unit PHB At 443 Greenwich Street In Tribeca For $36M With Brokers Clayton Orrigo, Robert Varvara, Stephen Ferrara & Steve Dawson
SOLDPackage Deal

Circlebox LLC Sells Unit PHB At 443 Greenwich Street In Tribeca For $36M With Brokers Clayton Orrigo, Robert Varvara, Stephen Ferrara & Steve Dawson

443 Greenwich St New York, NY 10013, USA

$36,000,000

Building Size

Asset Type

Package Deal

Closing

Sep 8, 2023

AI

An unit in the renowned 443 Greenwich Street building has been sold for $36 million. The property, located in Tribeca, is part of a package deal and includes a private parking spot and two storage units. The transaction took place on 09/08/2023 and involved the seller Circlebox LLC.

Summary of transaction details

The deal was facilitated by the brokers Clayton Orrigo, Robert Varvara, Stephen Ferrara, and Steve Dawson from Compass. They played a crucial role in connecting the buyer and the seller, ensuring a smooth transaction. In addition to the sale price, the property also offered a private parking spot and two storage units, adding value to the overall package.

Players

Clayton Orrigo

Compass

Broker

$136.1M

vol

6 deals

Broker

Belcamp Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.44%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93