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Marcus & Millichap Brokers Sale Of Financial District Office For $10.7M
SOLD
National
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Marcus & Millichap Brokers Sale Of Financial District Office For $10.7M
55 Broad St.
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Transaction Type:Sale
The property located at 55 Broad Street in the Financial District was sold for $10,700,000. The asset is an office space spanning 24,000 square feet, with a price per square foot of $446.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $10,700,000
- Address: 55 Broad Street
- Market: Financial District
Alan Cafiero, Brent Hyldahl, and Seth Goldberg from Marcus & Millichap represented the seller, Saxum Real Estate, in the transaction.
Players
SELLER
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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