Mission Of Kenya Acquires Office Condo At 866 United Nations Plaza In NYC For $18.3M From Meadow Partners
Building Size
—
Asset Type
—
Closing
Jan 12, 1917
About this deal
AI
The office condo located at 866 United Nations Plaza (Unit 300) in NYC was sold for a total price of $18,252,000. The property is an office space and spans a total of 20,280 square feet. The sale took place on January 13, 2017, and the price per square foot was $900.
Summary of transaction details:
- Property Type: Office Condo
- Transaction Amount: $18,252,000
The buyer of the office condo was the Mission of Kenya, while the seller was Meadow Partners.
Mission Of Kenya Acquires Office Condo At 866 United Nations Plaza In NYC For $18.3M From Meadow Partners is logged as a commercial sale on Traded. This page is the market file for the Mission Of Kenya Acquires Office Condo At 866 United Nations Plaza In NYC For $18.3M From Meadow Partners commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this Mission Of Kenya Acquires Office Condo At 866 United Nations Plaza In NYC For $18.3M From Meadow Partners sale when underwriting similar commercial product.
Players
Market CRE Market Snapshot
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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