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400 E 58th St, New York, NY...

A&E Acquires Mixed-Use Property At 400 East 58th Street From @SLGreen_Realty
SOLDMixed-use

A&E Acquires Mixed-Use Property At 400 East 58th Street From @SLGreen_Realty

400 E 58th St, New York, NY 10022, USA

$62,000,000

$442/SF

Building Size

140,000 SF

Asset Type

Mixed-use

Closing

Sep 8, 2020

AI

The mixed-use property located at 400 East 58th Street has been sold in a recent transaction. The details of the deal include the following:

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: Not disclosed

The buyer involved in the transaction is A&E, represented by Douglas Eisenberg. On the other side, the seller is @SLGreen_Realty, with Andrew Mathias and Marc Holliday playing key roles in the deal. The brokers who facilitated this transaction include Andrew Sasson, Chad Sinsheimer, and Marc Sznajderman from Ackman-Ziff.

Unfortunately, no additional information about the property or the transaction is available at this time.

Players

Andrew Sasson

Ackman-Ziff

Broker

$534.2M

vol

11 deals

Broker
Marc Holliday

Marc Holliday

SL Green

Seller

$9.6B

vol

40 deals

Seller

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

0.26%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93