Mennonite United Revival Church, Inc. Sells Mixed-Use Asset In New York For $2.475M
SOLD
$2,475,000
New York
See Similar DealsMixed-use5,750 SF
Sold 08/23/2024
SOLD
Mennonite United Revival Church, Inc. Sells Mixed-Use Asset In New York For $2.475M
169 Knickerbocker Ave
See Similar DealsMixed-use5,750 SF
Sold 08/23/2024
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$430
Total Square Footage:5,750 SF
Lot Square Footage:2500 SF
Transaction Type:Sale
The mixed-use property located at 169 Knickerbocker Ave in the New York market has a square footage of 5,750 and was sold for $2,475,000.00 on August 23, 2024. The transaction involved the Mennonite United Revival Church, Inc as the seller.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,475,000.00
- Address: 169 Knickerbocker Ave
- Market: New York
- Square Footage: 5750.0
- Seller: Mennonite United Revival Church, Inc
Representing the seller in this transaction were brokers Josh Lipton and Andrew Levine, both associated with Invictus. Their role was crucial in facilitating the sale of the property.
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)
$132,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,793.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,732.76
Annual Debt Service$140,793.15
Is there something missing? Send suggestions