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227-239 Harrison Avenue, Ha...

Alpha Realty Brokers Lev Mavashev & Shai Egison Facilitate $21.5M Mixed-Use Sale In Harrison, NY
SOLDMixed-use

Alpha Realty Brokers Lev Mavashev & Shai Egison Facilitate $21.5M Mixed-Use Sale In Harrison, NY

227-239 Harrison Avenue, Harrison, New Jersey 07029, United States

$21,500,000

$448/SF

Building Size

47,921 SF

Asset Type

Mixed-use

Closing

Mar 31, 2022

AI

Located at 227-239 Harrison Avenue in Harrison, NY, this recently closed transaction involved a mixed-use property with a sale price of $21,500,000. The property has a total square footage of 47,921, resulting in a price per square foot of $448. This transaction was facilitated by Lev Mavashev and Shai Egison of Alpha Realty, who represented the parties involved in the deal.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $21,500,000
  • Square Footage: 47,921
  • Price Per Square Foot: $448
  • Address: 227-239 Harrison Avenue, Harrison, NY
  • Broker: Lev Mavashev & Shai Egison - Alpha Realty

The collaboration between Lev Mavashev, Shai Egison, and Alpha Realty played a crucial role in successfully closing this deal. Their expertise and professional representation contributed to the smooth execution of the transaction.

Players

Lev Mavashev

Alpha Realty

Broker

$742M

vol

106 deals

Broker

Harrison Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93