The Sephardic Academy Of Manhattan Acquires Mix-use Building On 148 East 74th Street In New York For $14M
SOLD
$14,000,000
New York
See Similar DealsMixed-use11,850 SF
Sold
SOLD
The Sephardic Academy Of Manhattan Acquires Mix-use Building On 148 East 74th Street In New York For $14M
148 E 74th St, New York, NY 10021, USA
See Similar DealsMixed-use11,850 SF
Sold
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1181
Total Square Footage:11850 SF
Transaction Type:Sale
A mix-use building at 148 East 74th Street in Manhattan has been sold for $14,000,000. The property spans 11,850 square feet and has a price per square foot of $1,181. It consists of 5 apartments and 2 commercial units.
Summary of transaction details
- Property Type: Mix-use Building
- Transaction Amount: $14,000,000
- Address: 148 East 74th Street, New York
- Market: Manhattan
The seller of the property was the Diba Family Limited Partnership, while the buyer was The Sephardic Academy of Manhattan – Rabbi Elie Abadie. The transaction was facilitated by the brokers Danny Handweiler from @dhandz and David Loshoff from @dlosho.
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)
$746,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,739.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,367.14
Annual Debt Service$796,405.71
Is there something missing? Send suggestions