Sidney Rubell Company Acquires Property From Hanbros Realty At 30 E 39th St For $9.9M
30 E 39th St, New York, NY, 10016
$9,900,000
$1,006/SF
Building Size
9,840 SF
Asset Type
—
Closing
Nov 20, 2023
AI
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
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93