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200 Mott Street

JLL Brokers Sell Mixed-Use Property In Nolita, Manhattan For $7.55M
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

Guthrie Garvin

JLL

Broker

$991.4M

vol

42 deals

Broker

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