Tribeca resi condo sells for $10.3M
Kevin Ali and Hanaa Emara paid $10.3 million to Jonathan Drubner through the entity Jonathan Drubner Successor Trustee for condo (SC) unit 6C at 443 Greenwich Street in Tribeca, Manhattan.
The deal closed on June 4, 2021 and was recorded on June 23, 2021.
The property has 2,793 square feet of built space according to PincusCo analysis of city data. The sale price per built square foot is $3,705 per the PincusCo analysis.
The owner bought the property on 14-Jun-17, for $9.4 million.
The signatory for Jonathan Drubner was Jonathan Drubner. The signatory for Kevin Ali and Hanaa Emara was Kevin Ali and Hanaa Emara.
(110360341)The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 53 residential units on May 27, 2016.
This is unit 6C. The contract date was March 26, 2021.
There was a condominium project filed with the address 443 Greenwich Street and the name 443 Greenwich Street on March 11, 2014. The principals of the sponsor, Sgn 443 Greenwich Street Fee Owner Llc, were Nathan Berman, Jack Berman, Marc Fried, Jack Berman, Marc Fried, Jack Berman, and Marc Fried. link
Within a 400-foot radius of 443 Greenwich Street, Pincusco identified six commercial real estate items of interests occurred over the past 24 months.
Of those six items, two were for major renovation including a certificate of occupancy change. They were one permit with a total initial cost of $12.0 million and one initial temporary certificate of occupancy issuance for a project that initially costed $980,000.0. The most recent of these two items was the permit on January 29, 2020 for a 66,579-square-foot R-2 building with 17 residential units at 67 Vestry Street.
Of those six items, two were sales above $5 million totaling $23.4 million. The most recent of the two was Three Hound Dogs LLC which bought one condo unit in the 3,484-square-foot, 53-unit condo building (R4) on 443 Greenwich Street for $12.6 million from H Estates LLC on April 27, 2021.
Of those six items, two were loans above $5 million totaling $103.0 million. The most recent of the two was Ponte Equities which borrowed $8.0 million from Cross River Bank secured by the N/A-square-foot, two-unit mixed-use building (S1) on 431 Washington Street and one other property on August 11, 2020.
Direct link to Acris document. link
