Avison Young Brokers Facilitate $9.75M Mixed-Use Sale In NYC
250 West 91st Street
$9,750,000
$316/SF
Building Size
30,833 SF
Asset Type
Mixed-use
Closing
Jun 27, 2023
AI
A mixed-use property located at 250 West 91st Street in New York City has been sold for $9,750,000. The property spans 30,833 square feet, resulting in a price per square foot of $316.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $9,750,000
- Square Footage: 30,833
- Price per Square Foot: $316
- Address: 250 West 91st Street
- Market: New York City
Represented by Avison Young, the seller of the property is Sonia Jaye. The deal was brokered by Brandon Polakoff, Mitchell Levine, Ryan McGuirl, Noah Kossoff, and Kyle Sabath from Avison Young.
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
1.63%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93