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201 E 67th St, New York, NY...

Jeffrey Feil’s Feil Organization Acquires Mixuse Property On East 67th Street In New York For $27M
SOLDMixed-use

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

George Martinecz

Newmark

Broker

$66.9M

vol

10 deals

Broker
The Feil Organization
The Feil OrganizationBrokerage
Acadia Realty Trust
Acadia Realty TrustSeller

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