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280 Bleecker Street, Greenw...

Alchemy Ventures Acquires Mixed-Use Property In Greenwich Village For $4.75M
SOLDMixed-use

Alchemy Ventures Acquires Mixed-Use Property In Greenwich Village For $4.75M

280 Bleecker Street, Greenwich, NY, USA

$4,750,000

$1,130/SF

Building Size

4,202 SF

Asset Type

Mixed-use

Closing

Apr 15, 2021

AI

Located at 280 Bleecker Street in Greenwich Village, this mixed-use property recently changed hands in a sale transaction. The property spans 4,202 square feet, with a sale price of $4,750,000, resulting in a price per square foot of $1,130.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,750,000
  • Address: 280 Bleecker Street
  • Market: Greenwich Village

Alchemy Ventures, represented by Sam Kooris, acquired the property. Joseph Smith acted as the buyer's representative in this transaction. On the seller's side, Eric Roth from FriedmanRoth served as the representative.

Players

Joseph Smith

Friedman-Roth Realty

Broker

$46M

vol

11 deals

Broker
Sam Kooris

Sam Kooris

Alchemy Ventures

Buyer

$76.6M

vol

13 deals

Buyer

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

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93