Cyrus Nallaseth Sells Mixed-Use Property In New York City For $15M
41 Beekman Street
$15,000,000
$1,083/SF
Building Size
13,840 SF
Asset Type
Mixed-use
Closing
Dec 16, 2022
About this deal
AI
The mixed-use property located at 41 Beekman Street in New York City has been sold in a closed transaction. The property spans over 13,840 square feet and was sold for a price of $15,000,000, resulting in a price per square foot of $1,084.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $15,000,000
- Square Footage: 13,840
- Price per Square Foot: $1,084
- Address: 41 Beekman Street, New York City
- Seller: Cyrus Nallaseth
- Brokers: Jay Bernstein & Anudeep Gosal - Besen Partners
The transaction was facilitated by Jay Bernstein and Anudeep Gosal from Besen Partners, who represented the seller, Cyrus Nallaseth.
On the Map
$15,000,000
$1,083/SF
Mixed-use
View full map
Players
New York City Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Anudeep Gosal to view all their deals.
Browse New York City mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93