Altaf Hussain Acquires Mixed-Use Building In Greenwich Village, Manhattan For $7.2M
$7,185,800
$1,828/SF
Building Size
3,930 SF
Asset Type
Mixed-use
Closing
Jul 14, 2023
About this deal
AI
Altaf Hussain has purchased a three-unit mixed-use building in Greenwich Village, Manhattan, located at 270 Bleecker Street, for $7.2 million. The property spans 3,930 square feet and has a price per square foot of $1,828.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,185,800
- Address: 270 Bleecker
- Market: Greenwich Village, Manhattan
Kenneth Birnbaum was the seller in this transaction.
Altaf Hussain Acquires Mixed-Use Building In Greenwich Village, Manhattan For $7.2M is logged as a mixed use sale on Traded (2023). The building is 3,930 square feet, implying about 1.8K per square foot on the published price. This page is the market file for the Altaf Hussain Acquires Mixed-Use Building In Greenwich Village, Manhattan For $7.2M mixed use sold: pricing, party profiles, and other closed mixed use comps from the same area sit in the Market section below. Cite this Altaf Hussain Acquires Mixed-Use Building In Greenwich Village, Manhattan For $7.2M sale when underwriting similar mixed use product.
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Market 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
2.21%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93