Bluestar Properties Inc. Acquires Property At 333 E 5th St New York For $6.35M With Buyer's Rep Joshua Kaufman
333 E 5th St, New York, NY, 10003
$6,350,000
$907/SF
Building Size
7,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property located at 333 E 5th St, New York, NY, 10003, has been sold for $6,350,000.00. The total square footage of the property is 7,000. It is situated in the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $6,350,000.00
- Address: 333 E 5th St, New York, NY, 10003
- Market: New York
- Buyer: Bluestar Properties, Inc.
- Buyer's Representative: Joshua Kaufman
- Square Footage: 7,000
The buyer, Bluestar Properties, Inc., was represented in this transaction by Joshua Kaufman. The deal reflects a significant investment in the New York real estate market, showcasing the ongoing activity within the area.
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
2.50%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93