Alberto Galante Acquires Mixed Use Property In Soho For $4.6M
184 Prince St, New York, NY 10012, USA
$4,625,000
$1,880/SF
Building Size
2,460 SF
Asset Type
Mixed-use
Closing
Jul 9, 2020
About this deal
AI
The mixed-use property located at 184 Prince Street in Soho was sold on July 10, 2020. The property consists of 4 units and spans 2,460 square feet. The sale price was $4,625,000, with a price per square foot of $1,880.
Summary of transaction details
- Property Type: Mixed Use
- Transaction Amount: $4,625,000
- Address: 184 Prince Street
- Market: Soho
- Square Footage: 2,460
- Units: 4
Steven Schnall served as the seller in the transaction, while Alberto Galante acted as the buyer.
The mixed use sale at 184 Prince St, New York, NY 10012, USA in New York, New York sold for $4.6M in 2020. Reported inventory is 2,460 square feet across 4 units, or about 1.9K per square foot. Named participants on the 184 Prince St, New York, NY 10012, USA sale are Alberto Galante. This page is the New York, New York file for the 184 Prince St, New York, NY 10012, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 184 Prince St, New York, NY 10012, USA around 2020. Published consideration for 184 Prince St, New York, NY 10012, USA is $4.6M, dated 2020. Cite this Alberto Galante Acquires Mixed Use Property In Soho For $4.6M sale when underwriting similar mixed use product around New York, New York.
On the Map
$4,625,000
$1,880/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
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93