1893 Amsterdam LLC Acquires Jenkins Estate Property At 1893 Amsterdam Ave For $1.5M
1893 Amsterdam Ave, New York, NY...
$1,500,000
$357/SF
Building Size
4,200 SF
Asset Type
—
Closing
Nov 20, 2023
AI
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.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93