Exodus Capital Brokers Sell Mixed-Use Property In East Village For $4.3M
13 Avenue B New York, NY 10009, USA
$4,300,000
$708/SF
Building Size
6,070 SF
Asset Type
Mixed-use
Closing
Jul 13, 2023
About this deal
AI
A mixed-use property located at 13 Avenue B in East Village has been sold for a total of $4,300,000. The property spans a total of 6,070 square feet, with a price per square foot of $708. It consists of 6 units, resulting in a price per unit of $716,667.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $4,300,000
- Address: 13 Avenue B, East Village
- Size: 6,070 square feet
- Price per square foot: $708
- Number of units: 6
- Price per unit: $716,667
The seller of the property was Timothy Finnerman. The deal was facilitated by Haley Hasho and Justin Conway from Exodus Capital, who acted as the brokers representing the seller in the transaction.
On the Map
$4,300,000
$708/SF
Mixed-use
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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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93