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210 Bowery

Acadia Realty Trust Acquires Mixed-Use Property At 210 Bowery New York For $7.5M
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:

This transaction was facilitated by Robert Khodadadian, representing Skyline Properties, who managed the dealings between Acadia Realty Trust, the buyer of the property.

Players

Robert Khodadadian

Skyline Properties

Broker

$1.1B

vol

30 deals

Broker
Acadia Realty Trust
Acadia Realty TrustBuyer

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