Updated Oct 29, 2024
Sutton Equity LLC Acquires Property From Enclave Equities For $3 Million With Buyer's Rep Itanel Rahmani
179 Ludlow St, New York, NY, 10002
$3,000,000
Building Size
—
Asset Type
Commercial
Closing
Jun 18, 2015
About this deal
AI
The property involved in this transaction is located at 179 Ludlow St, New York, NY, 10002. The transaction was completed at a price of $3,000,000.00 with a total of 0 square feet. The market for this property is New York.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $3,000,000.00
- Buyer: Sutton Equity LLC
- Seller: Enclave Equities
- Buyer's Representative: Itanel (Itan) Rahmani - Venture Capital Properties
This transaction highlights the involvement of Sutton Equity LLC as the buyer and Enclave Equities as the seller, with Itanel (Itan) Rahmani representing the buyer for this deal through Venture Capital Properties.
On the Map
$3,000,000
Commercial
View full map
Players
New York Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Deal FAQ
Browse New York commercial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93