facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

37-65 74th Street

Cushman & Wakefield Brokers Dylan Walsh And Jeremy Previte Facilitate $3.8M Mixed-Use Sale In NYC
SOLDMixed-use

Cushman & Wakefield Brokers Dylan Walsh And Jeremy Previte Facilitate $3.8M Mixed-Use Sale In NYC

37-65 74th Street

$3,800,000

$1,407/SF

Building Size

2,700 SF

Asset Type

Mixed-use

Closing

Jul 11, 2024

AI

The property asset involved in the transaction is a mixed-use retail building located at 37-65 74th Street in New York City. The sale price was $3,800,000, with a total square footage of 2,700, resulting in a price per square foot of $1,407.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,800,000
  • Square Footage: 2,700
  • Price per Square Foot: $1,407
  • Market: New York City

The transaction was facilitated by brokers Dylan Walsh from Cushman & Wakefield and Jeremy Previte, also from Cushman & Wakefield. They noted that the property was sold to an all-cash buyer at a rate of $1,400 per square foot.

Players

Dylan Walsh

Cushman & Wakefield

Broker

$584.5M

vol

73 deals

Broker

Jackson Heights 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93