SOLDMixed-use
Acadia Realty Trust Acquires Mixed-Use Property At 210 Bowery New York For $7.5M
210 Bowery
$7,500,000
Building Size
—
Asset Type
Mixed-use
Closing
Dec 1, 2012
AI
The property asset involved is a mixed-use building located at 210 Bowery in New York. It has been sold for a price of $7,500,000.00.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,500,000.00
- Date of Sale: 12/01/2012
- Buyer: Acadia Realty Trust
- Broker: Robert Khodadadian - Skyline Properties
- Market: New York
This transaction was facilitated by Robert Khodadadian, representing Skyline Properties, who managed the dealings between Acadia Realty Trust, the buyer of the property.
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93