Christina & Rick Trizano Acquire Mixed-Use West Village Property For $11.3M
SOLD
New York
See Similar DealsMixed-use8,280 SF
Sold 04/12/2019
SOLD
Christina & Rick Trizano Acquire Mixed-Use West Village Property For $11.3M
15 Christopher Street, Staten Island, NY 10303, USA
See Similar DealsMixed-use8,280 SF
Sold 04/12/2019
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,364
Total Square Footage:8,280 SF
Transaction Type:Sale
A mixed-use property located at 13-15 Christopher St in the West Village has been sold. The property spans 8,280 square feet and consists of 11 units. The sales price for this transaction was $11.3 million, resulting in a price per square foot of $1,365. The seller of the property was Peter Ting, while the buyers were Christina & Rick Trizano.
Summary of transaction details:
- Property Type: Mixed-use
- Sales Price: $11.3 million
- Square Footage: 8,280
- Price per Square Foot: $1,365
- Units: 11
Zachary Ziskin, Ethan Frank, Adam Lobel, and Justin Zeitchik from BRG_cre acted as the brokers for this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$602,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,146.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,567.76
Annual Debt Service$642,813.18
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