160 Leroy Street
This is a clean, closed residential condo sale at 160 Leroy Street in Manhattan's highly liquid and prestigious West Village submarket, transacting at $4,286/SF which is at a slight premium to prevailing West Village luxury condo comps, reflecting the building's boutique profile and strong buyer demand. The seller achieved full asking price after a short listing window, indicating strong market conviction and no distress signals. The buyer profile — a high-net-worth celebrity couple with a documented NYC real estate track record — presents negligible credit or reputational risk. No liens, violations, foreclosure history, or litigation flags are present, and the deal closed at a modest appreciation over the 2018 acquisition price of $10.5M, consistent with West Village luxury condo value growth. Overall, this transaction reflects a high-quality, low-risk sale in one of Manhattan's most sought-after submarkets.
Deal Stats
Parties
Seller / Landlord
Steven Brauser is a New York-based real estate developer with prior involvement in high-end residential condo transactions. He acquired this unit for $10.5M in 2018 and sold it at asking price after a brief listing period in 2026, suggesting disciplined pricing and market awareness.
Buyer / Tenant
Justin and Hailey Bieber are high-net-worth celebrity buyers with a documented track record of luxury real estate acquisitions across multiple markets, including Los Angeles and New York, with a combined NYC transaction volume of approximately $45.8M across 3 deals. Their purchases are typically all-cash or heavily equity-backed, presenting minimal credit risk.
Score Analysis
What this score means
A Grade A score indicates this deal qualifies for financing at up to 72% LTV, subject to full underwriting. Deals at this level are strong candidates and typically proceed to a term sheet within 2 business days.
Why this score
Buyer Financial Profile
Justin and Hailey Bieber's $45.8M documented NYC transaction history and all-cash acquisition capability eliminates credit risk and ensures deal certainty.
Market Timing & Pricing
Sale at asking price of $4,286/SF with brief listing period demonstrates strong West Village luxury demand and validates pricing discipline in a liquid submarket.
Seller Track Record
Steven Brauser's developer background and prior high-end condo experience suggest professional execution and realistic market expectations.
Deal Transparency Gaps
Unknown sale price, financing details, and exact closing date limit verification of claims and prevent independent valuation assessment.
Price Appreciation Consistency
Modest appreciation from $10.5M (2018) to undisclosed 2026 price is reasonable for West Village luxury but without exact figures, growth rate cannot be validated against local benchmarks.
How to improve
The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.
Disclose exact sale price and per-SF valuation
Publishing the confirmed $X.XM transaction price would enable independent comp verification against West Village 2026 luxury condo benchmarks.
Document financing structure
Confirming all-cash vs. mortgage-backed acquisition removes ambiguity around buyer strength and deal velocity.
Specify closing timeline and days-on-market
Exact DOMs and close date would quantify market speed claims and validate the 'brief listing period' narrative.
