Bluestar Properties Inc Acquires New York Property At 429 E 6th St For $5.29M
SOLD
$5,290,000
New York
See Similar Deals9,187 SF
SOLD
Bluestar Properties Inc Acquires New York Property At 429 E 6th St For $5.29M
429 E 6th St, New York, NY, 10009
See Similar Deals9,187 SF
Summary
NEW YORK
Price Per Square Foot:$575
Total Square Footage:9187 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$282,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,794.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,077.30
Annual Debt Service$300,927.59
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