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325 West Broadway

Shigeji Nakatsuka Of Cafec Sanyo Sangyo Inc Purchases Condo At 325 West Broadway For $4.9M
SOLDCondo

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

DP
DDG PartnersSeller

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