Ronald Klausner Sells Commercial/Development Property In Central Harlem, Manhattan For $5.05M
SOLD
$5,050,000
New York
See Similar DealsCommercial11,009 SF
Sold 05/05/2022
SOLD
Ronald Klausner Sells Commercial/Development Property In Central Harlem, Manhattan For $5.05M
222-226 West 145th Street, New York City, New York 10039, United States
See Similar DealsCommercial11,009 SF
Sold 05/05/2022
Summary
NEW YORK
Asset Type:Commercial
Price Per Square Foot:$458
Total Square Footage:11,009 SF
Transaction Type:Sale
Located at 222-226 West 145th Street in Central Harlem, Manhattan, this commercial/development property has been sold in a recent transaction.
Summary of transaction details:
- Property Type: Commercial/Development
- Transaction Amount: $5,050,000
- Size: 11,009 square feet
- Price per square foot: $458
- Buildable square footage: 25,979
- Price per buildable square foot: $194
Ronald Klausner acted as the seller in this transaction, represented by Jason M. Gold, James Nestor, and Michael Tortorici from Ariel Property Advisors.
This sale represents a significant investment opportunity in the vibrant neighborhood of Central Harlem, Manhattan.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$269,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,941.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,939.58
Annual Debt Service$287,274.92
Is there something missing? Send suggestions