Shigeji Nakatsuka Of Cafec Sanyo Sangyo Inc Purchases Condo At 325 West Broadway For $4.9M
325 West Broadway
$4,900,000
$1,569/SF
Building Size
3,122 SF
Asset Type
Condo
Closing
Mar 21, 2025
AI
The asset involved in this transaction is a condo located at 325 West Broadway in SoHo, Manhattan. It was sold for a price of $4,900,000 and has a total square footage of 3,122, which reflects a price per square foot of $1,570.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,900,000
- Address: 325 West Broadway
- Market: SoHo, Manhattan
- Square Footage: 3,122
- Price Per Square Foot: $1,570
- Buyer: Shigeji Nakatsuka - Cafec, Sanyo Sangyo Inc
- Seller: DDG Partners
Sanyo Sangyo Inc., an affiliate of the Japan-based coffee supplier Cafec, is highlighted as the buyer of the two retail condo units from an affiliate of DDG Partners. This transaction underscores the participation of notable parties in the commercial real estate deal.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93