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:
- Property Type: Development Site
- Transaction Amount: $28,000,000.00
- Address: 133 Greenwich St
- Market: New York
- Broker: Robert Khodadadian (Skyline Properties)
- Buyer: Hidrock
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.
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