A retail condo located at 721 St. Nicholas Ave. in Hamilton Heights was recently sold for $1,000,000. The property spans 2,000 square feet with a price per square foot of $500. This retail condo transaction took place on 05/06/2021.

Summary of transation details

• Property Type: Retail Condo
• Transaction Amount: $1,000,000
• Square Footage: 2,000
• Price per Square Foot: $500
• Address: 721 St. Nicholas Ave.
• Market: Hamilton Heights

Alex Leykind from Equitas Capital Group, Rebecca Goldberg from Douglas Elliman, and Brian Whelan and Alix Curtin from B6 Real Estate were the brokers involved in this sale. Equitas Capital Group is a firm known for its commitment to delivering the highest level of service, integrity, and creativity in the industry.

The loan terms for this transaction include a loan amount of $800,000, a 10-year fixed term, a 25-year amortization period, a 3.75% interest rate, and a prepayment structure with stepdown provisions.

For financing or refinancing commercial properties and developments, you can contact Equitas Capital Group at 646-637-7510.