Khimji Foundation Purchases 160 E 35th St New York From 160 LLC For $8.25M
SOLD
New York
See Similar Deals11,000 SF
SOLD
Khimji Foundation Purchases 160 E 35th St New York From 160 LLC For $8.25M
160 E 35th St, New York, NY, 10016
See Similar Deals11,000 SF
Summary
NEW YORK
Price Per Square Foot:$750
Total Square Footage:11000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$439,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,310.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,109.21
Annual Debt Service$469,310.51
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