Regal Aquisitions Acquires Retail Condo At 174 Duane Street, New York For $2.45M
174 Duane St, New York, NY 10013, USA
Building Size
2,600 SF
Asset Type
—
Closing
Oct 31, 2017
About this deal
AI
The retail condo located at 174 Duane Street in New York City's Manhattan market has been sold for $2,450,000. The property spans across 2,600 square feet.
Summary of transaction details
- Property Type: Retail Condo
- Transaction Amount: $2,450,000
- Address: 174 Duane Street, New York
- Market: Manhattan
The seller of the retail condo was Colonnade Group, while the buyer was Regal Aquisitions. The deal was facilitated by David Gomez from DavPedia.
Traded’s record for 174 Duane St, New York, NY 10013, USA in New York, New York covers a commercial sale from 2017. The building is 2,600 square feet, implying about 0 per square foot on the published price. David Gomez, Peak Real Estate appear on the sale alongside Peak Real Estate. This page is the New York, New York file for the 174 Duane St, New York, NY 10013, USA commercial sold: pricing, party profiles, and other closed commercial comps from the same New York sit in the Market section below. Filter that New York commercial set by closing date to see what else sold near 174 Duane St, New York, NY 10013, USA around 2017. Cite this Regal Aquisitions Acquires Retail Condo At 174 Duane Street, New York For $2.45M sale when underwriting similar commercial product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93