Penn South Capital Acquires Mixed-use Property In Greenwich Village For $4.3M
SOLD
$4,300,000
+ 4
New York
See Similar DealsMixed-use6,981 SF
Sold 06/08/2022
SOLD
Penn South Capital Acquires Mixed-use Property In Greenwich Village For $4.3M
137 West 14th Street, New York City, New York 10011, United States
See Similar DealsMixed-use6,981 SF
Sold 06/08/2022
+ 4
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$616
Total Square Footage:6,981 SF
Transaction Type:Sale
The mixed-use property located at 137 West 14th Street in Greenwich Village has been sold for a price of $4,300,000. The property spans 6,981 square feet, resulting in a price per square foot of $615. The sale took place on 06/08/2022.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,300,000
- Address: 137 West 14th Street
- Market: Greenwich Village
Penn South Capital, represented by Parag Sawhney and Raymond Chera, purchased the property from the Gutierrez Family. The deal was facilitated by several brokers from the Meridian Capital Group, including David Schechtman, Shallini Mehra, Amit Doshi, Abie Kassin, and Brian Gladstone.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$229,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,277.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,384.19
Annual Debt Service$244,610.33
Is there something missing? Send suggestions