SOLDMixed-use
Abu Ahmad Sells Mixed-Use Property On 2nd Avenue In East Village For $6.1M
100 2nd Ave, New York, NY 10003, USA
$6,100,000
$92/SF
Building Size
65,810 SF
Asset Type
Mixed-use
Closing
Feb 26, 2020
AI
The mixed-use property located at 100 2nd Avenue in the East Village has been sold for $6,100,000. The property spans across 6,581 square feet, resulting in a price per square foot of $926.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,100,000
- Square Footage: 6,581
- Price per Square Foot: $926
- Address: 100 2nd Avenue
- Market: East Village
The seller of the property was Abu Ahmad. The transaction was facilitated by Brandon Thomas, a representative from Latitude Property Group.
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93