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
About this deal
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.
On the Map
$5,290,000
$575/SF
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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
3.00%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93