Sage Fuchs Purchases Property At 301 W 4th St New York For $8.65M With Representatives Christopher Riccio And Laurence Carty
301 W 4th St, New York, NY, 10014
$8,650,000
Building Size
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Asset Type
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Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 301 W 4th St, New York, NY, 10014. It has been sold for a price of $8,650,000.00. The property is situated within the New York market and has a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $8,650,000.00
- Address: 301 W 4th St, New York, NY, 10014
- Market: New York
- Buyer: Sage Fuchs
- Seller: Kenneth Fuchs
- Buyer's Rep: Christopher Riccio-Douglas Elliman
- Seller's Rep: Laurence Carty "Corcoran", Irene Perello
The transaction was facilitated by Christopher Riccio from Douglas Elliman, representing the buyer Sage Fuchs, while the seller Kenneth Fuchs was represented by Laurence Carty and Irene Perello from Corcoran. The involvement of these real estate professionals played a crucial role in the successful transaction.
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
1.83%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93