Updated Dec 21, 2023
Richard Schary Acquires Commercial Property On Nagle Avenue For $3.7M
210 Nagle Avenue, New York City, New York 10034, United States
$3,700,000
$740/SF
Building Size
5,000 SF
Asset Type
Commercial
Closing
Oct 2, 2022
About this deal
AI
The commercial property located at 210-220 Nagle Avenue in Inwood, Manhattan has been sold in a transaction. The property is zoned as R7A, C2-4 and has a lot size of 5,000 square feet. It received an alteration permit on February 7, 2019. The property's dimensions are 100 feet by 50 feet. The transaction took place on October 3, 2022, with a sale price of $3,700,000.
Summary of transaction details:
- Property Type: Commercial
- Sale Price: $3,700,000
- Lot Size: 5,000 square feet
- Zoning: R7A, C2-4
- Permit: Alteration 2 (02/07/2019)
- Dimensions: 100 ft x 50 ft
The buyer in this transaction was Richard Schary, while the seller was Rochard Herman.
Players
New York Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93