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
About this deal
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.
On the Map
$3,500,000
$952/SF
Mixed-use
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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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93