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133 Greenwich St

Hidrock Acquires Development Site At 133 Greenwich St New York For $28 Million
SOLDDevelopment Site

Hidrock Acquires Development Site At 133 Greenwich St New York For $28 Million

133 Greenwich St

$28,000,000

Building Size

Asset Type

Development Site

Closing

Apr 1, 2012

AI

The property asset involved in this transaction is a development site located at 133 Greenwich St, New York. The buyer, Hidrock, acquired the site for $28,000,000.00.

Summary of transaction details:

This transaction was facilitated by Robert Khodadadian, who represented Skyline Properties as the broker for the deal. The involvement of a qualified broker played a crucial role in the successful closure of the transaction.

Players

Robert Khodadadian

Skyline Properties

Broker

$1.1B

vol

30 deals

Broker
Hidrock Properties
Hidrock PropertiesBuyer

New York Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.57%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93