Updated Oct 28, 2024
David C. Butterfield & Alfonso D. Rubio Memorial Acquire Single Family Property In TriBeCa For $20M
9 Jay Street, New York City, New York 10013, United States
$20,000,000
$4,898/SF
Building Size
4,083 SF
Asset Type
Single Family Residence
Closing
Aug 24, 2022
About this deal
AI
A single-family property located at 9 Jay Street in the TriBeCa neighborhood of Manhattan has been sold for a total price of $20,000,000. The property spans over 4,083 square feet and has a price per square foot of $4,898. The building has a total floor area of 8,193 square feet, resulting in a price per buildable square foot of $2,441. The property's lot size is 1,361 square feet, with dimensions of 25.42 feet by 53.67 feet.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Market: TriBeCa, Manhattan
- Zoning: C6-2A, TMU
- Tax Class: 1
- FAR: 3.00
- Permits: Alteration 2 (11/13/2020)
The buyer in this transaction is the David C. Butterfield & Alfonso D. Rubio Memorial, represented by their broker. The seller of the property is Brett Wexler. The deal was closed on August 25, 2022.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93