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:
- Property Type: Mixed-use
- Transaction Amount: $5,250,000.00
- Address: 113 Stanton St
- Market: New York
- Square Footage: 7,050.0
- Buyer: SMA Equities
- Brokers: Matthew Fernandez - Okada & Company, Ryan Perkoski
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
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