153 B L.L.C. Purchases 153 Avenue B New York From 153 Ave. B Inc For $6.63M
SOLD
$6,630,000
New York
See Similar Deals6,440 SF
SOLD
153 B L.L.C. Purchases 153 Avenue B New York From 153 Ave. B Inc For $6.63M
153 Avenue B, New York, NY, 10009
See Similar Deals6,440 SF
Summary
NEW YORK
Price Per Square Foot:$1,029
Total Square Footage:6,440 SF
Transaction Type:Sale
The property involved in this transaction is located at 153 Avenue B, New York, NY, 10009. The square footage of the property is 6,440. The transaction price for this sale was $6,630,000.00, and it is situated within the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $6,630,000.00
- Address: 153 Avenue B, New York, NY, 10009
- Square Footage: 6,440
- Seller: 153 Ave. B Inc
- Buyer: 153 B L.L.C.
- Seller's Representative: Matthew "Matt" Lesser (Leslie Garfield)
This transaction highlights the involvement of Matthew "Matt" Lesser from Leslie Garfield, representing the seller in this deal. The buyer, 153 B L.L.C., acquired the property from 153 Ave. B Inc, indicating a clear chain of representation and interest in the New York real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$353,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,555.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,429.58
Annual Debt Service$377,154.99
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