SOLDMixed-use
JLL Brokers Sell Mixed-Use Property In Nolita, Manhattan For $7.55M
200 Mott Street
$7,550,000
$539/SF
Building Size
14,000 SF
Asset Type
Mixed-use
Closing
Nov 29, 2023
AI
A mixed-use property located at 200 Mott Street in Nolita, Manhattan has been sold for $7,550,000. The property spans 14,000 square feet, resulting in a price per square foot of $539.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,550,000
- Square Footage: 14,000
Teddy Galligan, Hall Oster, Braedon Gait, Guthrie Garvin, and Conrad Martin from JLL represented the parties involved in this sale transaction.
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
2.10%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93