SOLDDevelopment Site
26 01 4th St
26 01 4th St
$6,925,000
Building Size
—
Asset Type
Development Site
Closing
Dec 5, 2012
AI
The transaction involved a development site located at 26 01 4th St in the Plummer market. The property was sold for $6,925,000.00 on December 5, 2012.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $6,925,000.00
- Sale Date: 12/05/2012
- Address: 26 01 4th St
- Market: Plummer
The buyer of the property is Steve Cheung. The broker representing the seller in this transaction was Evan Daniel from Modern Spaces.
Players
Plummer Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.29%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93