Updated Dec 22, 2023
Charles S. Henry Acquires Commercial Property In Harlem, Manhattan For $5.05M
226 West 145th Street, New York City, New York 10039, United States
$5,050,000
$458/SF
Building Size
11,007 SF
Asset Type
Commercial
Closing
May 4, 2022
About this deal
AI
The commercial property located at 222 West 145th Street and 226 West 145th Street in Harlem, Manhattan has been sold. The transaction took place on May 5, 2022, with a sale price of $5,050,000. The property has a building square footage (BSF) of 22,343 and a price per BSF of $226. The total square footage (SF) is 11,007, with a price per SF of $458.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $5,050,000
- BSF: 22,343 / PPBSF: $226
- SF: 11,007 / PPSF: $458
Charles S. Henry is the buyer of the property, while Michelle Schmitt is the seller. Both parties were represented by their respective brokers.
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
3.14%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93