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15 Christopher Street, Stat...

Christina & Rick Trizano Acquire Mixed-Use West Village Property For $11.3M
SOLDMixed-use

Christina & Rick Trizano Acquire Mixed-Use West Village Property For $11.3M

15 Christopher Street, Staten Island, NY 10303, USA

$11,300,000

$1,364/SF

Building Size

8,280 SF

Asset Type

Mixed-use

Closing

Apr 11, 2019

AI

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.

Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$602.2M

vol

141 deals

Broker

Peter Ting

Seller

$24.2M

vol

4 deals

Seller

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

1.40%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93