Avison Young Brokers Facilitate $9.75M Mixed-Use Sale In NYC
SOLD
$9,750,000
+ 3
New York
See Similar DealsMixed-use30,833 SF
Sold 06/27/2023
SOLD
Avison Young Brokers Facilitate $9.75M Mixed-Use Sale In NYC
250 West 91st Street
See Similar DealsMixed-use30,833 SF
Sold 06/27/2023
+ 3
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$316
Total Square Footage:30,833 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$520,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$34,639.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,219.97
Annual Debt Service$554,639.69
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