133 6th McDougal LLC Acquires Mixed Use Property In Manhattan For $8.85M
133 W 3rd St, New York, NY 10012, USA
Building Size
6,158 SF
Asset Type
Mixed-use
Closing
Nov 28, 2020
AI
The mixed-use property located at 133 West 3rd St in Manhattan has been sold for a price of $8,850,000. The property spans across 6,158 square feet and has a price per square foot of $1,437.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: $8,850,000
- Size: 6,158 square feet
- Price Per Square Foot: $1,437
- Address: 133 West 3rd St, New York
- Market: Manhattan
The seller of the property is Joseph Mendler, who recently also sold 12 Perry Street to Nader OhebShalom in July for $25 million. The buyer of 133 West 3rd St is 133 6th Mcdougal LLC. Scott Schwartz, representing the buyer, served as the buyer's representative in the deal.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93