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105 Washington Street, New ...

Updated Oct 28, 2024

Center For Urban Community Services Acquires Mixed-use Property On Washington Street For $12.9M
SOLDMixed-use

Center For Urban Community Services Acquires Mixed-use Property On Washington Street For $12.9M

105 Washington Street, New York City, New York 10006, United States

$12,865,000

$558/SF

Building Size

23,030 SF

Asset Type

Mixed-use

Closing

Jun 27, 2022

About this deal

AI

The mixed-use property located at 105 Washington Street in the Financial District has been sold for $12,865,000. The transaction took place on 06/28/2022 and the property spans a total of 23,030 square feet, resulting in a price per square foot of $558.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $12,865,000
  • Date: 06/28/2022
  • Address: 105 Washington Street
  • Market: Financial District
  • SF: 23,030
  • PPSF: $558

The property was sold by Sid Borenstein to the Center for Urban Community Services.

The mixed use sale at 105 Washington Street, New York City, New York 10006, United States in New York, New York sold for $12.9M in 2022. The building is 23,030 square feet, implying about 558 per square foot on the published price. This page is the New York, New York file for the 105 Washington Street, New York City, New York 10006, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 105 Washington Street, New York City, New York 10006, United States around 2022. Published consideration for 105 Washington Street, New York City, New York 10006, United States is $12.9M, dated 2022. Cite this Center For Urban Community Services Acquires Mixed-use Property On Washington Street For $12.9M sale when underwriting similar mixed use product around New York, New York.

Players

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $558 per square foot on a published $12.9M for 23,030 square feet (2022).

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.23%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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