Khimji Foundation Purchases 160 E 35th St New York From 160 LLC For $8.25M
160 E 35th St, New York, NY, 10016
$8,250,000
$750/SF
Building Size
11,000 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
A property located at 160 E 35th St, New York, NY, 10016 has been sold for $8,250,000.00. The property encompasses a total area of 11,000 square feet and is situated in the New York market.
Summary of transation details:
- Property Type: SALE
- Transaction Amount: $8,250,000.00
- Address: 160 E 35th St, New York, NY, 10016
- Market: New York
- Seller: 160 LLC
- Buyer: Khimji Foundation
- Seller's Representative: Larry Link
The transaction involved two key entities: 160 LLC, the seller of the property, and Khimji Foundation, the buyer. The negotiation was facilitated by seller's representative Larry Link, representing the seller throughout the deal.
On the Map
$8,250,000
$750/SF
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Players
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Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93