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2647 Broadway, New York Cit...

Aulder Capital Acquires Mixed-Use Property In Upper West Side For $15.5M
SOLDMixed-use

Aulder Capital Acquires Mixed-Use Property In Upper West Side For $15.5M

2647 Broadway, New York City, New York 10025, United States

$15,500,000

$471/SF

Building Size

32,900 SF

Asset Type

Mixed-use

Closing

Mar 1, 2022

AI

Located at 2647 Broadway in the Upper West Side, this mixed-use property recently changed hands in a sale transaction. The property spans 32,900 square feet and was sold for a price of $15,500,000, resulting in a price per square foot of $471. The transaction took place on 03/02/2022.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $15,500,000
  • Address: 2647 Broadway
  • Market: Upper West Side

Aulder Capital acquired the property from Stuart Eisenberger. The deal was facilitated by the JLL team consisting of Hall Oster, Teddy Galligan, Paul Smadbeck, Conrad Martin, and Braedon Gait. These brokers represented both the buyer and the seller in the transaction.

Players

Hall Oster

JLL

Broker

$2.2B

vol

90 deals

Broker
Aulder Capital
Aulder CapitalBuyer

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93