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113 Stanton St

SMA Equities Acquires Mixed-use Property At 113 Stanton St New York For $5.25M
SOLDMixed-use

SMA Equities Acquires Mixed-use Property At 113 Stanton St New York For $5.25M

113 Stanton St

$5,250,000

$744/SF

Building Size

7,050 SF

Asset Type

Mixed-use

Closing

Sep 22, 2014

AI

The asset involved in this transaction is a mixed-use property located at 113 Stanton St, New York. The transaction occurred on September 22, 2014, with a total price of $5,250,000.00. The property has a total square footage of 7,050.0 square feet.

Summary of transaction details:

The individuals involved in the transaction include the buyer, SMA Equities, who acquired the property. The brokers representing the deal are Matthew Fernandez from Okada & Company and Ryan Perkoski. Their roles contributed to the successful closure of this transaction.

Players

Ryan Perkoski

Broker

$156.7M

vol

21 deals

Broker
Matthew Fernandez
Verified Badge

Matthew Fernandez

OpenKey™

Broker

$22.3M

vol

12 deals

Broker
SMA Equities
SMA EquitiesBuyer

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

3.02%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93