Trion Holdings Acquires Property In New York For $17 Million With Seller's Rep Daniel Parker
48 Saint Nicholas Pl, New York, NY, 10...
$17,000,000
Building Size
—
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property located at 48 Saint Nicholas Pl, New York, NY, was involved in a sale transaction. The transaction was completed at a price of $17,000,000.00 with a square footage value listed as 0. The market for this property is New York.
Summary of transation details:
- Property Type: SALE
- Transaction Amount: $17,000,000.00
- Address: 48 Saint Nicholas Pl, New York, NY
- Market: New York
- Seller's Representative: Daniel Parker
- Buyer: Trion Holdings
- Seller: Not specified
Trion Holdings acted as the buyer in this transaction, while Daniel Parker represented the seller's interests. The seller's identity has not been disclosed in the available details.
On the Map
$17,000,000
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Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93