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452 Amsterdam Ave, New York...

Meridian Capital Helps Facilitate Sale Of Mixed-Use Property On Upper West Side
LEASEDMixed-use

Meridian Capital Helps Facilitate Sale Of Mixed-Use Property On Upper West Side

452 Amsterdam Ave, New York, NY 10024, USA

Building Size

800 SF

Asset Type

Mixed-use

Closing

Oct 30, 2019

AI

The mixed-use property located at 452 Amsterdam Avenue in the Upper West Side has been sold in a closed transaction.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $12,500
  • Size: 800 square feet
  • Price per Square Foot: $185

The tenant of the property is Vanessas Dumplings, while the landlord is Steve Dluzyn of HUBB NYC. The brokers involved in the transaction are Ben Biberaj, James Famularo, and Isaac Bijou from Meridian Capital.

Players

Isaac Bijou

MOD

Broker

$1.4M

vol

39 deals

Broker
Steve Dluzyn

Steve Dluzyn

HUBB NYC

Landlord

$66.4M

vol

8 deals

Landlord

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93