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
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.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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