facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

315 Meserole Street

A Mixed-use Asset From Hudson Cos Sold For $20M In New York City
SOLDMixed-use

A Mixed-use Asset From Hudson Cos Sold For $20M In New York City

315 Meserole Street

$20,000,000

$200/SF

Building Size

100,000 SF

Asset Type

Mixed-use

Closing

Mar 18, 2025

AI

The property involved in this transaction is a mixed-use asset located at 315 Meserole Street in New York City. The transaction, which took place on March 18, 2025, was finalized at a price of $20,000,000.00, and the property encompasses a total area of 100,000 square feet.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $20,000,000.00
  • Address: 315 Meserole Street
  • Market: New York City
  • Buyer: Volmar Construction
  • Seller: Hudson Cos
  • Square Footage: 100,000.0

Volmar Construction acted as the buyer in this transaction, while Hudson Cos served as the seller. The deal was executed in a competitive market environment, each representing their respective interests in the finalization of the agreement.

Players

HC
Hudson Cos.Seller

Brooklyn 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

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93