Updated Dec 21, 2023
Enrique F Augspach Acquires Industrial Property On Hudson Street In West Village For $5.5M
422 Hudson Street, Manhattan, New York, NY, USA
$5,500,000
$1,004/SF
Building Size
5,477 SF
Asset Type
Industrial
Closing
Aug 23, 2020
About this deal
AI
Located at 422 Hudson Street in the West Village neighborhood of Manhattan, this industrial property recently changed hands in a closed sale transaction on August 24, 2020. The asset, with a total building area of 4,486 square feet, is situated on a lot size of 1,307 square feet. The property features a C1-6 zoning designation, allowing for a variety of commercial uses.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $5,500,000
- Price per Building Square Foot (PPBSF): $1,226
- Price per Square Foot (PPSF): $1,004
- Tax Class: 4
- Floor Area Ratio (FAR): 4.20
- Permits: Alteration type 1 (03/24/2021)
- Lot Dimensions: 21.92 ft x 59.5 ft
Enrique F Augspach acquired the property from Jane T Young. The deal was facilitated by Enrique F Augspach's representative from their respective agency. No additional information regarding the individuals or companies involved in the transaction was available.
Players
New York Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93