facebook
Traded Co logo
Submit

Thomas Turner Acquires 6,700 SF SFR In SoHo From Arthur Becker For $11.8M

Property Image
SOLD
$11,800,000

New York

See Similar Deals
Single Family Residence6,700 SF
Sold 02/16/2021
the dealplayerscompscontact
Property Image
SOLD

Thomas Turner Acquires 6,700 SF SFR In SoHo From Arthur Becker For $11.8M

40 Sullivan St, Manhattan, New York, NY, USA

See Similar Deals
Single Family Residence6,700 SF
Sold 02/16/2021
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$1,761
Total Square Footage:6,700 SF
Transaction Type:Sale

The property involved in this transaction is a Single Family Residential (SFR) located at 40 Sullivan Street in SoHo. The transaction took place on February 16, 2021. The property spans approximately 6,700 square feet and was sold for a price of $11,800,000, resulting in a price per square foot of $1,761.

Summary of transaction details

  • Property Type: Single Family Residential (SFR)
  • Transaction Amount: $11,800,000
  • Date: February 16, 2021
  • Address: 40 Sullivan Street
  • Market: SoHo

The buyer in this transaction was Thomas Turner, while the seller was Arthur P Becker. Robert Dankner from Prime Manhattan Residential represented both parties as the broker.

Players

Rober Dankner
Rober Dankner
3 deals$43.5M volume
BROKER

Details

SOLD
IMAGE: Arthur P Becker & Robert Dankner DATE: 02/16/2021 ADDRESS: 40 Sullivan Street MARKET: SoHo ASSET TYPE: SFR BUYER: Thomas Turner SELLER: Arthur P Becker BROKER: Robert Dankner - Prime Manhattan Residential PRICE: $11,800,000 SF: 6,700 ~ PPSF: $1,761

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$629,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$41,922.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,938.02
Annual Debt Service$671,256.24