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
$6,630,000
$1,029/SF
Building Size
6,440 SF
Asset Type
—
Closing
Nov 20, 2023
AI
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.
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
2.39%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93