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445 W 21st St, New York, NY...

ECA New York Real Estate Advisor Buys 445 W 21st St New York For $9.35M
SOLD

ECA New York Real Estate Advisor Buys 445 W 21st St New York For $9.35M

445 W 21st St, New York, NY, 10011

$9,350,000

$997/SF

Building Size

9,375 SF

Asset Type

Closing

Nov 19, 2023

AI

The property located at 445 W 21st St, New York, NY, 10011 has a transaction price of $9,350,000.00 and encompasses a total square footage of 9,375. The market for this asset is New York.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $9,350,000.00
  • Address: 445 W 21st St, New York, NY, 10011
  • Market: New York
  • Seller's Representative: Christie Houlihan
  • Buyer: ECA New York Real Estate Advisor
  • Seller: Unknown
  • Square Footage: 9,375

This transaction involves key individuals such as the seller's representative, Christie Houlihan, representing the seller in this deal. The buyer, ECA New York Real Estate Advisor, engages in the acquisition of this property, showcasing their involvement in the real estate market.

Players

Christie Houlihan

Broker

$40.4M

vol

3 deals

Broker

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

1.70%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93