First Chinese Presbyterian Community Affairs Home Attendant Corp. Acquires Community Facility Condo In Chinatown For $4.38M
100 East Broadway, New York City, New York 10002, United States
$4,380,000
$720/SF
Building Size
6,076 SF
Asset Type
—
Closing
Jun 29, 2022
AI
A community facility condo located at 100 E. Broadway in Chinatown has been sold for a price of $4,380,000. The property spans an area of 6,076 square feet, resulting in a price per square foot of $721. The transaction took place on June 30, 2022.
Summary of transaction details:
- Property Type: Community Facility Condo
- Transaction Amount: $4,380,000
- Address: 100 E. Broadway, Chinatown
- RSF: 6,076
- PPSF: $721
The buyer of the property is First Chinese Presbyterian Community Affairs Home Attendant Corp., while the seller is Yeung Development. The deal was facilitated by Michael F. DeCheser, Bryan F. Hurley, Carri Lyon, and Mitzi Flexer from Cushman & Wakefield.
Players
New York 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
3.62%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93