Lions Group Acquires Mixed-Use Property In West Village, Manhattan For $16M
107 Christopher Street
$16,000,026
$928/SF
Building Size
17,226 SF
Asset Type
Mixed-use
Closing
Oct 13, 2023
About this deal
AI
The recently sold mixed-use property located at 107 Christopher Street in the West Village, Manhattan, has been acquired by Lions Group - The Shirian Family for a total sale price of $16,000,026. The property spans a total area of 17,226 square feet, resulting in a price per square foot of $929.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $16,000,026
- Square Footage: 17,226
- Price per Square Foot: $929
- Address: 107 Christopher Street
- Market: West Village, Manhattan
The buyer, Lions Group - The Shirian Family, successfully acquired the property from the seller, . Facilitating the sale was broker Joshua Malekan from Venture Capital Properties. The transaction was completed within a 30-day closing period, with the buyer actively seeking an off-market mixed-use property in the West Village. The sale presents a valuable opportunity for prospective purchasers engaged in a property exchange and possessing acquisition criteria aligned with this search. Additionally, those in need of promptly disposing of a real estate asset are encouraged to inquire further.
For inquiries regarding this property or similar opportunities, please contact Joshua Malekan at [email protected] or via cell at 516-761-4777.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Joshua Malekan 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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93