SOLD
Bluestar Properties Inc Acquires New York Property At 429 E 6th St For $5.29M
429 E 6th St, New York, NY, 10009
$5,290,000
$575/SF
Building Size
9,187 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property located at 429 E 6th St, New York, NY, 10009, was sold for $5,290,000.00. This asset encompasses a total square footage of 9187 in the New York market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $5,290,000.00
- Square Footage: 9187
- Address: 429 E 6th St, New York, NY, 10009
- Market: New York
- Buyer's Representative: Joshua Kaufman
- Buyer: Bluestar Properties, Inc.
Joshua Kaufman represented the buyer, Bluestar Properties, Inc., in this transaction. The seller's details were not provided in the context of this sale.
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
3.00%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93