Retail/Condo Property At 1220 South Hill Street Sold For $1.5M With Anderson And Brehaut As Brokers
1220 South Hill Street, Anderson
$1,491,810
$165/SF
Building Size
9,026 SF
Asset Type
Mixed-use
Closing
Sep 28, 2020
AI
The retail/condo property located at 1220 South Hill Street was recently sold for a transaction amount of $1,491,810. The property spans a total area of 9,026 square feet, resulting in a price per square foot of $165.28. The sale was facilitated by brokers Tony Anderson, Richard Brehaut, Nina Valtchanov, Reed Melillo, and Mike James.
Summary of transaction details
- Property Type: Retail/Condo
- Transaction Amount: $1,491,810
- Square Footage: 9,026
- Price per Square Foot: $165.28
- Address: 1220 South Hill Street
- Market: Anderson
The deal was overseen by brokers Tony Anderson and Richard Brehaut, along with their colleagues Nina Valtchanov, Reed Melillo, and Mike James. Together, they facilitated the successful sale of the retail/condo property at 1220 South Hill Street.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.63%
Cash-on-Cash
-3.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93