@R.A.Cohen & Associates Acquires West Village Mixed-use Property For $16.7M
101-109 West 10th Street, West Village, New York, NY, USA
$16,725,000
$1,049/SF
Building Size
15,939 SF
Asset Type
Mixed-use
Closing
Sep 23, 2021
AI
A mixed-use property located at 101-109 West 10th Street & 473 6th Avenue in the West Village has been sold for a price of $16,725,000. The property spans a total of 15,939 square feet, resulting in a price per square foot of $1,049. The transaction took place on September 23, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $16,725,000
- Address: 101-109 West 10th Street & 473 6th Avenue, West Village
- Market: West Village
The buyer for this transaction is R.A.Cohen & Associates, while the seller is Metro Management Development. The deal was facilitated with the assistance of CushWake brokers Rob Shapiro, Andrew Berry, Michael Gembecki, Charlie Gravina, Austin Fabel, and Nicholas Kontos.
Players
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
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93