1893 Amsterdam LLC Acquires Jenkins Estate Property At 1893 Amsterdam Ave For $1.5M
SOLD
New York
See Similar Deals4,200 SF
SOLD
1893 Amsterdam LLC Acquires Jenkins Estate Property At 1893 Amsterdam Ave For $1.5M
1893 Amsterdam Ave, New York, NY...
See Similar Deals4,200 SF
Summary
NEW YORK
Price Per Square Foot:$357
Total Square Footage:4,200 SF
Transaction Type:Sale
A property located at 1893 Amsterdam Ave, New York, NY has been sold for $1,500,000.00. The asset has a total area of 4200 square feet and is situated in the New York market.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $1,500,000.00
- Address: 1893 Amsterdam Ave, New York, NY
- Market: New York
- Seller: Jenkins Estate
- Buyer: 1893 Amsterdam LLC
- Seller's Representative: Matthew Garcia (Besen & Associates)
This transaction highlights the involvement of key entities, with Jenkins Estate selling the property to 1893 Amsterdam LLC. Matthew Garcia from Besen & Associates represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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