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
About this deal
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.
The mixed use sale at 200 Mott Street in New York, New York sold for $7.6M in 2023. The building is 14,000 square feet, implying about 539 per square foot on the published price. Guthrie Garvin, Hall Oster, Teddy Galligan, Braedon Gait appear on the sale alongside JLL. This page is the New York, New York file for the 200 Mott Street 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 200 Mott Street around 2023. Published consideration for 200 Mott Street is $7.6M, dated 2023. Cite this JLL Brokers Sell Mixed-Use Property In Nolita, Manhattan For $7.55M 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
2.10%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93