Jeffrey Feil’s Feil Organization Acquires Mixuse Property On East 67th Street In New York For $27M
201 E 67th St, New York, NY 10065, USA
Building Size
12,250 SF
Asset Type
Mixed-use
Closing
Dec 2, 2017
AI
The property involved in the transaction is located at 201 East 67th Street, New York in the Lenox Hill market. This mixed-use property spans a total of 12,250 square feet and was sold at a price of $27,000,000, resulting in a price per square foot of $2,204.
Summary of transaction details
- Property Type: Mixuse
- Transaction Amount: $27,000,000
- Address: 201 East 67th Street, New York
- Market: Lenox Hill
- Square Footage: 12,250 sf
- Price per Square Foot: $2,204
The seller of the property is Acadia Realty Trust, while the buyer is Jeffrey Feil's Feil Organization. The transaction was facilitated by George Martinecz, a representative from @rkfretail, on behalf of the buyer.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93