Vincent Tang Acquires Mixed-use Property At 102 Bayard St For $5.5M
102 Bayard Street, New York, NY 10013
$5,500,000
$602/SF
Building Size
9,125 SF
Asset Type
Mixed-use
Closing
May 16, 2019
About this deal
AI
Located at 102 Bayard St, this mixed-use property was recently sold in a transaction handled by brokers from Avison Young. The property spans over 9,125 square feet and was sold for a price of $5,500,000, translating to a price per square foot of $602.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $5,500,000
- Address: 102 Bayard St
In this deal, the seller was Alan Luke, while the buyer was Vincent Tang. The brokers involved in the transaction were Brandon Polakoff, James Nelson, David Shalom, Eric Karmitz, and Bradley Rothschild, all from Avison Young. Notably, this is just one of the four properties that Alan Luke has sold in the past three months.
On the Map
$5,500,000
$602/SF
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Bradley Rothschild to view all their deals.
Browse New York mixed use sales on Traded.
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