facebook
Traded Co logo
Submit

Tom Sherwood Sr. Sells Mixed-Use Property At 217 West 80th Street For $3.8M

Property Image
SOLD
$3,800,000
Richard Guarino
George Niblock
John J. Stewart

New York

See Similar Deals
Mixed-use6,900 SF
Sold 09/13/2024
the dealplayerscompscontact
Property Image
SOLD

Tom Sherwood Sr. Sells Mixed-Use Property At 217 West 80th Street For $3.8M

217 West 80th Street

See Similar Deals
Mixed-use6,900 SF
Sold 09/13/2024
Richard Guarino
George Niblock
John J. Stewart
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$550
Total Square Footage:6,900 SF
Transaction Type:Sale

The mixed-use property located at 217 West 80th Street in the Upper West Side was sold for $3,800,000. The building encompasses a total of 6,900 square feet, with a price per square foot of $550.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,800,000
  • Address: 217 West 80th Street
  • Market: Upper West Side
  • Seller: Tom Sherwood Sr.
  • Buyer's Representative: Richard Guarino & George Niblock - Friedman-Roth Realty
  • Seller's Representatives: John J. Stewart & Dylan Torey - Marcus & Millichap
  • Square Footage: 6,900
  • Price Per Square Foot: $550

This transaction involved multiple key players, with Richard Guarino and George Niblock representing the buyer through Friedman-Roth Realty. Meanwhile, the seller was represented by John J. Stewart and Dylan Torey from Marcus & Millichap.

Players

John J. Stewart
Marcus & Millichap
John J. Stewart
30 deals$212.6M volume
BROKER
Richard Guarino
Friedman-Roth Realty
Richard Guarino
51 deals$293.6M volume
BROKER
George Niblock
Friedman-Roth Realty
George Niblock
11 deals$84.4M volume(917) 498-8234
BROKER

Details

SOLD
IMAGE: Dylan Torey, John J. Stewart, Richard Guarino & George Niblock DATE: 09/13/2024 ADDRESS: 217 West 80th Street MARKET: Upper West Side ASSET TYPE: Mixed-use SELLER: Tom Sherwood Sr. BUYER'S REP: Richard Guarino (@RichardThomas_NYC) & George Niblock (@GNiblock) - Friedman-Roth Realty (@FriedmanRoth) SELLER'S REP: John J. Stewart & Dylan Torey - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $3,800,000 SF: 6,900 ~ PPSF: $550 &Millichap

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$202,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26