Jim Kam Chu Sells Mixed-Use Property On Audubon Avenue In Washington Heights For $4.1M
199 Audubon Avenue, Manhattan, New York, NY, USA
$4,100,000
$203/SF
Building Size
20,160 SF
Asset Type
Mixed-use
Closing
Apr 22, 2021
About this deal
AI
A mixed-use property located at 199 Audubon Avenue in Washington Heights was recently sold for $4,100,000. The property spans across 20,160 square feet, resulting in a price per square foot of $203.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,100,000
- Address: 199 Audubon Avenue
- Market: Washington Heights
The seller of this property was Jim Kam Chu. The sale of the property was represented by Matt Fotis and Robert Aaron from TriBorough Multifamily and MarcusMillichap_NY.
The mixed use sale at 199 Audubon Avenue, Manhattan, New York, NY, USA in New York, New York sold for $4.1M in 2021. The building is 20,160 square feet, implying about 203 per square foot on the published price. Robert Aaron, Matt Fotis, Horvath & Tremblay, Marcus & Millichap appear on the sale alongside Horvath & Tremblay, Marcus & Millichap. This page is the New York, New York file for the 199 Audubon Avenue, Manhattan, New York, NY, 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 199 Audubon Avenue, Manhattan, New York, NY, USA around 2021. Published consideration for 199 Audubon Avenue, Manhattan, New York, NY, USA is $4.1M, dated 2021. Cite this Jim Kam Chu Sells Mixed-Use Property On Audubon Avenue In Washington Heights For $4.1M sale when underwriting similar mixed use product around New York, New York.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93