Sumaida & Khurana Acquires Office Building In Manhattan For $55M
SOLD
New Jersey
See Similar DealsOffice
Sold 09/17/2017
SOLD
Sumaida & Khurana Acquires Office Building In Manhattan For $55M
823 11th Ave #825, New York, Ny 10019, Usa
See Similar DealsOffice
Sold 09/17/2017
Summary
NEW JERSEY
Asset Type:Office
Transaction Type:Sale
The office property located at 823-825 Eleventh Avenue in New York City has been sold in a closed transaction. The property, situated in Manhattan, was purchased for a total price of $55,000,000. The transaction involved the seller, Red Apple Group, and the buyer, Sumaida + Khurana. The deal was facilitated by the brokerage firm HFF.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $55,000,000
- Address: 823-825 Eleventh Avenue, New York
- Market: Manhattan
HFF, a brokerage firm, represented both the buyer, Sumaida + Khurana, and the seller, Red Apple Group, in this transaction.
Players
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
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
Is there something missing? Send suggestions