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

/

349 East 13th Street, Manha...

Louise Pfister Sells Mixed-Use Property In East Village For $3.5M
SOLDMixed-use

Louise Pfister Sells Mixed-Use Property In East Village For $3.5M

349 East 13th Street, Manhattan, New York, NY, USA

$3,500,000

$952/SF

Building Size

3,675 SF

Asset Type

Mixed-use

Closing

Oct 21, 2020

AI

A mixed-use property located at 349 East 13th Street in the East Village has been sold for $3,500,000. The property has a building square footage (BSF) of 6,249, resulting in a price per building square footage (PPBSF) of $560. The total square footage (SF) of the property is 3,675, with a price per square footage (PPSF) of $952. The property is zoned as C1-7A and falls under tax class 2A.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $3,500,000
  • BSF: 6,249
  • PPBSF: $560
  • SF: 3,675
  • PPSF: $952
  • Market: East Village
  • Zoning: C1-7A

The property was sold by Louise Pfister. The buyer's identity has not been disclosed. The transaction was facilitated by Brandon Polakoff from Avison Young, who represented the seller.

Players

Louise Pfister

Seller

$17.9M

vol

3 deals

Seller

New York 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

4.53%

Cash-on-Cash

-1.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93