66 White Street
66 White Street is a six-story historic retail asset in Tribeca, one of Manhattan's most resilient and supply-constrained luxury retail submarkets, acquired for $10.05M in a clean all-cash-style private transaction with no visible distress signals. The implied price per square foot of approximately $1,182 is consistent with comparable Tribeca and SoHo retail sales ranging from $823 to $1,966/SF, placing this deal near the midpoint of the comp set and suggesting fair market pricing. The seller, Evan Snyderman, is a credible and well-known Tribeca figure, lending legitimacy to the transaction, while the buyer Leontine Ebers has a limited publicly trackable commercial real estate history, introducing some uncertainty around operational intent and exit strategy. No loan information is available, which limits underwriting visibility into leverage and debt service coverage, and the absence of building size data in the listing creates residual ambiguity around true per-foot pricing. Overall, this is a straightforward private sale in a strong submarket with clean title indicators, but limited buyer track record and missing financial detail temper the score.
Deal Stats
Parties
Seller / Landlord
Evan Snyderman is a prominent figure in the New York design and art world, best known as co-founder of R & Company, a leading gallery specializing in American studio furniture and design located in Tribeca; his ownership of a retail asset at 66 White Street is consistent with his deep ties to the neighborhood and the design community.
Buyer / Tenant
Leontine Ebers appears to be an individual investor or collector-class buyer active in Tribeca, a neighborhood known for attracting high-net-worth private buyers; this is recorded as her first tracked transaction on Traded with $10.1M in total volume, suggesting a debut or limited public footprint in commercial real estate.
Score Analysis
What this score means
A Grade B score indicates this deal qualifies for financing at up to 70% LTV, subject to full underwriting. Most deals at this level proceed to a term sheet within 2 business days.
Why this score
Strong Submarket Fundamentals
Tribeca is Manhattan's most resilient and supply-constrained luxury retail market with proven pricing power and consistent buyer demand.
Fair Market Pricing
At ~$1,182/SF, the price sits near the midpoint of comparable Tribeca/SoHo retail comps ($823–$1,966/SF), indicating no overpayment or distress.
Seller Credibility & Neighborhood Legitimacy
Evan Snyderman's prominence as R & Company co-founder and deep Tribeca ties provide transaction legitimacy and reduce counterparty risk.
Buyer Track Record Opacity
Leontine Ebers has minimal public commercial real estate history ($10.1M total volume suggests debut activity), leaving operational intent and exit strategy unclear.
Missing Underwriting Data
Absence of building square footage, loan details, and debt structure limits visibility into true per-foot valuation and leverage metrics.
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.
Obtain Verified Building Square Footage
Confirm exact rentable/leasable SF from DOF records or survey to validate true per-SF pricing against comps.
Establish Buyer Operational Intent
Clarify whether Ebers plans owner-occupancy, long-hold investment, or near-term repositioning to reduce strategic uncertainty.
Disclose Financing Structure
Confirm all-cash claim or document loan terms, lender, and DSCR to validate deal strength and exit optionality.
