Avison Young Acquires Mixed-Use Property On Greenwich St In Manhattan For $8.2M
315 Greenwich St, New York, NY 10013, USA
$8,225,000
Building Size
—
Asset Type
—
Closing
Nov 29, 2022
About this deal
AI
An $8,225,000 mixed-use property located at 315 Greenwich St in Manhattan has been sold. The property spans 6,800 square feet, resulting in a price per square foot of $1,210.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $8,225,000
- Square Footage: 6,800
- Price per Square Foot: $1,210
- Address: 315 Greenwich St, Manhattan
The buyer's representatives in the transaction were Brandon Polakoff, Ryan McGuirl, and David Shalom from Avison Young. On the other hand, the seller was represented by Erin Aries Boisson and Adam Zucker from Douglas Elliman.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93