FCA Purchases 74 E 116th St New York From FCA For $5.43M With Buyer’s Rep Kobi Zamir
74 E 116th St, New York, NY, 10029
$5,430,000
$258/SF
Building Size
21,000 SF
Asset Type
—
Closing
Nov 20, 2023
AI
The property asset involved in this transaction is located at 74 E 116th St, New York, NY, 10029. The transaction took place in the New York market, with a sale price of $5,430,000.00 for a total square footage of 21,000 SF.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $5,430,000.00
- Address: 74 E 116th St, New York, NY, 10029
- Market: New York
- Buyer: FCA
- Seller: FCA
- Buyer's Representative: Kobi Zamir, GFI Realty Services
The transaction involved FCA as both the buyer and seller, indicating an intra-company transfer. Kobi Zamir represented the buyer in this closed transaction, facilitating the process within the New York real estate market.
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
2.92%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93