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1893 Amsterdam LLC Acquires Jenkins Estate Property At 1893 Amsterdam Ave For $1.5M

Property Image
SOLD
$1,500,000

New York

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4,200 SF
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Property Image
SOLD

1893 Amsterdam LLC Acquires Jenkins Estate Property At 1893 Amsterdam Ave For $1.5M

1893 Amsterdam Ave, New York, NY...

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4,200 SF
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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.

Players

11 deals$24.8M volume
BROKER

Details

SOLD
IMAGE: 1893 Amsterdam Ave, New York, NY... MARKET: New York SELLER'S REP: Matthew Garcia(Besen & Associates) BUYER: 1893 Amsterdam LLC SELLER: Jenkins Estate PRICE: $1,500,000.00 SF: 4200

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Deal Type
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