Jeremey Tahari, Adam Croman, And Jake Croman Of Tahari Capital Purchase Mixed-Use Asset For $2.55M
323 East 108th Street
$2,550,000
$112/SF
Building Size
22,596 SF
Asset Type
Mixed-use
Closing
Oct 22, 2024
AI
The mixed-use property located at 323 East 108th Street in New York has been sold for $2,550,000. The asset encompasses a total of 22,596 square feet, resulting in a price per square foot of $112.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,550,000
- Address: 323 East 108th Street
- Market: New York
- Square Footage: 22,596
- Price Per Square Foot: $112
- Buyer: Jeremey Tahari, Adam Croman, Jake Croman - Tahari Capital
- Seller: Dante Cappi
- Broker: Jordan Sutton - Cushman & Wakefield
The deal involved key individuals such as Jeremey Tahari, Adam Croman, and Jake Croman, who represent Tahari Capital, while Dante Cappi served as the seller. The transaction was managed by broker Jordan Sutton from Cushman & Wakefield.
Players
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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93