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107 Christopher Street

Updated Dec 4, 2024

Lions Group Acquires Mixed-Use Property In West Village, Manhattan For $16M
SOLDMixed-use

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

Joshua Malekan

Bridge Advisory Group

Broker

$149.5M

vol

46 deals

Broker
Venture Capital Properties
Venture Capital PropertiesBrokerage

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $928 per square foot on a published $16M for 17,226 square feet (2023).

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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

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