Tribeca Summit penthouse sells for $16.4M, twice 2015 sponsor sale price

The entity Red Heart Friends LLC paid Big Moose, LLC $16.4 million for condo unit PHB at Tribeca Summit at 415 Greenwich Street in Tribeca. The deal closed on July 16, 2020, and was recorded on July 20, 2020. The transaction consists of 1 parcel, including the tax class high-rise condominium apartment/elevated, residential unit (R4). The property is 4,470 square feet. The parcel(s) have total development potential of 4,470 square feet.
The average sale price per square foot is $3,658.

This is unit PHB, which has seen its price more than double from the original sponsor sale in March 2015 for $7.74 million. That buyer flipped it, selling it in December 2015 for $11.5 million.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 63 residential (or hotel) units on July 12, 2017.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link