Nez Bar Acquires Property At 411 Manhattan Ave New York For $600,000 With Buyer's Rep Faith Hope Consolo
SOLD
$600,000
New York
See Similar Deals1,200 SF
SOLD
Nez Bar Acquires Property At 411 Manhattan Ave New York For $600,000 With Buyer's Rep Faith Hope Consolo
411 Manhattan Ave, New York, NY, 10...
See Similar Deals1,200 SF
Summary
NEW YORK
Price Per Square Foot:$500
Total Square Footage:1,200 SF
Transaction Type:Sale
The property involved in this transaction is located at 411 Manhattan Ave, New York, NY. The property was sold at a price of $600,000.00 and encompasses a total area of 1200 square feet, situated in the New York market.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $600,000.00
- Address: 411 Manhattan Ave, New York, NY
- Square Footage: 1200 SF
- Market: New York
- Buyer: Nez Bar
- Buyer's Representative: Faith Hope Consolo-Douglas Elliman
Faith Hope Consolo represents Nez Bar in this transaction, highlighting the involvement of a notable broker from Douglas Elliman in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$31,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,131.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,844.31
Annual Debt Service$34,131.67
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