Durham · Commercial sale
Velocity Commercial Capital Loan Trust 2025-2 buys 2609 N Duke St Unit 3 in Durham for $1.78 million
An office condominium at 2609 N Duke St Unit 3, Durham sold for $1,781,000 on August 12, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,781,000
- Recorded
- August 12, 2026
- Property type
- Office condominium
- Building area
- 21,884 sq ft
- Price per sq ft
- $81
An office condominium at 2609 N Duke St Unit 3 in Durham sold for $1,781,000, according to transfer tax paid on a deed recorded August 12, 2026 with the Durham County Register of Deeds. The sale price is 47% below the market value of $3,345,657 on record with the Durham County Assessor.
US Bank Trust Company National Association, Trustee and Velocity Commercial Capital Loan Trust 2025-2 purchased the property, according to the recorder's index.
The 21,884 square feet of building area, according to the Assessor's records, puts the price at $81 per square foot.
What this sale costs to close
What does closing cost at this price? Under Durham County custom the seller's larger charges are $3,562 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $1,768,896 before brokerage commissions and any loan payoff. A cash buyer would need about $1,778,248 at closing.
Source: Durham County Tax Administration, parcel records, document 10605-365. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Durham County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
