Leor Sabet Acquires Mixed-Use Property In Flatiron For $4.65M
36 W 21st St, New York, NY 10010, USA
$4,650,000
$905/SF
Building Size
5,134 SF
Asset Type
Mixed-use
Closing
Oct 9, 2019
AI
The mixed-use property located at 36 West 21st Street in the Flatiron market has been sold in a closed transaction. The property spans across 5,134 square feet, with a sale price of $4,650,000, resulting in a price per square foot of $905.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,650,000
- Address: 36 West 21st Street
- Market: Flatiron
The buyer in this transaction is Leor Sabet, while the seller is Larry Goldstein. The deal was facilitated by Peter Von Der Ahe, Joe Koicim, Logan Markley, and Danny Handweiler from Marcus & Millichap.
Players
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
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93