Sidney Rubell Company Acquires Property From Hanbros Realty At 30 E 39th St For $9.9M
SOLD
$9,900,000
New York
See Similar Deals9,840 SF
SOLD
Sidney Rubell Company Acquires Property From Hanbros Realty At 30 E 39th St For $9.9M
30 E 39th St, New York, NY, 10016
See Similar Deals9,840 SF
Summary
NEW YORK
Price Per Square Foot:$1,006
Total Square Footage:9,840 SF
Transaction Type:Sale
The property located at 30 E 39th St, New York, NY, 10016 has a sale price of $9,900,000.00. It spans 9,840 square feet and is situated in the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $9,900,000.00
- Address: 30 E 39th St, New York, NY, 10016
- Market: New York
- Seller: Hanbros Realty
- Buyer: Sidney Rubell Company
- Seller's Representative: Joseph (Joe) Smith(CBRE)
This transaction involved key players from both sides, with Joseph (Joe) Smith representing the seller, Hanbros Realty, and the buyer being Sidney Rubell Company, highlighting a collaborative effort between the parties involved in closing the deal.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$528,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,172.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,931.05
Annual Debt Service$563,172.61
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