Jeff Huang Purchases Property At 320 E 120th St New York For $1.95M With Matt Gillis As Seller's Rep
320 E 120th St, New York, NY, 10035
$1,950,000
Building Size
—
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property located at 320 E 120th St, New York, NY, 10035 was sold for a price of $1,950,000.00. The property is situated in the New York market and encompasses a square footage of 0.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $1,950,000.00
- Address: 320 E 120th St, New York, NY, 10035
- Market: New York
- Seller's Representative: Matthew (Matt) Gillis - Ariel Property Advisors
- Buyer: Jeff Huang
- Seller: Not specified
This transaction involved Matthew (Matt) Gillis representing the seller through Ariel Property Advisors. On the buyer's side, Jeff Huang was the individual purchasing the property, contributing to the completion of this property transaction.
On the Map
$1,950,000
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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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93