Updated May 12, 2025
39 36 21st St
39 36 21st St
$6,100,000
Building Size
—
Asset Type
Development Site
Closing
May 8, 2007
About this deal
AI
The asset involved in this transaction is a development site located at 39 36 21st St in the Saint Maries market. The property was sold for a price of $6,100,000.00.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $6,100,000.00
- Address: 39 36 21st St
- Market: Saint Maries
- Buyer: Vipul Patel
- Broker: Evan Daniel - Modern Spaces
In this transaction, Vipul Patel acted as the buyer, while the brokerage firm Modern Spaces was represented by Evan Daniel in facilitating the deal.
On the Map
$6,100,000
Development Site
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Players
Saint Maries 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93