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13 Prince Street

Updated Oct 29, 2024

JSRE Acquisitions Acquires Mixed-Use Property In Manhattan For $23.5M
SOLD

JSRE Acquisitions Acquires Mixed-Use Property In Manhattan For $23.5M

Units

23,500,000

Asset Type

Closing

Mar 27, 2018

About this deal

AI

No summary available.

JSRE Acquisitions Acquires Mixed-Use Property In Manhattan For $23.5M is logged as a commercial sale on Traded (2018). Named participants on the JSRE Acquisitions Acquires Mixed-Use Property In Manhattan For $23.5M sale are Joseph Safra. This page is the market file for the JSRE Acquisitions Acquires Mixed-Use Property In Manhattan For $23.5M commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this JSRE Acquisitions Acquires Mixed-Use Property In Manhattan For $23.5M sale when underwriting similar commercial product.

Players

Joseph Safra

JSRE Acquisitions

Buyer

$130M

vol

2 deals

Buyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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