Cushman & Wakefield Sells Mixed-use Property In NoHo For $16.5M
34 East 4th Street, Brooklyn, NY 11218, USA
$16,500,000
$857/SF
Building Size
19,240 SF
Asset Type
Mixed-use
Closing
Oct 5, 2021
About this deal
AI
The mixed-use property located at 34-36 East 4th Street in NoHo has been sold for a price of $16,500,000. The property spans across 19,240 square feet, resulting in a price per square foot of $857.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $16,500,000
- Address: 34-36 East 4th Street
- Market: NoHo
- Square Footage: 19,240
- Price per Square Foot: $857
The sale of this property was facilitated by Bobby Carrozzo and Robert Burton from Cushman & Wakefield.
The mixed use sale at 34 East 4th Street, Brooklyn, NY 11218, USA in New York, New York sold for $16.5M in 2021. The building is 19,240 square feet, implying about 857 per square foot on the published price. Robert Burton, Bobby Carrozzo, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the New York, New York file for the 34 East 4th Street, Brooklyn, NY 11218, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 34 East 4th Street, Brooklyn, NY 11218, USA around 2021. Published consideration for 34 East 4th Street, Brooklyn, NY 11218, USA is $16.5M, dated 2021. Cite this Cushman & Wakefield Sells Mixed-use Property In NoHo For $16.5M sale when underwriting similar mixed use product around New York, New York.
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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93