facebook
Traded Co logo
Submit

Edward D. Jamie Sells Mixed-Use Property In Murray Hill For $4.4M With Buyer's Rep Tony Park & Seller's Rep Craig Waggner

Property Image
SOLD
$4,400,000
Tony Park
Mike Kavanagh
Elad Dror
+ 2

New York

See Similar Deals
Mixed-use5,837 SF
Sold 07/26/2021
the dealplayerscompscontact
Property Image
SOLD

Edward D. Jamie Sells Mixed-Use Property In Murray Hill For $4.4M With Buyer's Rep Tony Park & Seller's Rep Craig Waggner

415 Third Avenue, Murray Hill, New York, NY, USA

See Similar Deals
Mixed-use5,837 SF
Sold 07/26/2021
Tony Park
Mike Kavanagh
Elad Dror
+ 2
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$753
Total Square Footage:5,837 SF
Transaction Type:Sale

A mixed-use property located at 415 Third Avenue in Murray Hill has been sold for a price of $4,400,000. The property has a building square footage (BSF) of 14,630 and a price per building square footage (PPBSF) of $300. The total area of the property is 5,837 square feet, with a price per square foot (PPSF) of $753.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,400,000
  • Market: Murray Hill
  • Address: 415 Third Avenue
  • Built Square Footage (BSF): 14,630
  • Price per Built Square Footage (PPBSF): $300
  • Total Square Footage (SF): 5,837
  • Price per Square Foot (PPSF): $753
  • Tax Class: 2B

The seller of the property is Edward D. Jamie. Craig Waggner, Mike Kavanagh, and Tony Park represented the buyer, while Craig Waggner, John Ciraulo, and Mike Kavanagh represented the seller. Tony Park and Elad Dror from DPropertiesNYC acted as the buyer's representatives.

Players

Elad Dror
PD Properties
Elad Dror
12 deals$191.5M volume(917) 669-1866
BROKER
John Ciraulo
Cushman & Wakefield
John Ciraulo
47 deals$732.2M volume(212) 660-7700
BROKER
Mike Kavanagh
Newmark
Mike Kavanagh
30 deals$301M volume(212) 660-7765
BROKER
Tony Park
Tony Park
13 deals$139.2M volume(646) 843-0374
BROKER
Craig Waggner
Cushman & Wakefield
Craig Waggner
46 deals$696M volume
BROKER

Details

SOLD
IMAGE: Craig Waggner, Mike Kavanagh, Tony Park & John Ciraulo DATE: 07/26/2021 ADDRESS: 415 Third Avenue MARKET: Murray Hill ASSET TYPE: Mixed-use ~ TAX CLASS: 2B SELLER: Edward D. Jamie BUYER’S REP: Tony Park (@TParkNYC) & Elad Dror (@edror10) - @PDPropertiesNYC SELLER’S REP: Craig Waggner (@Craig_Waggner), John Ciraulo (@JohnCiraulo) & Mike Kavanagh (@KavanaghMike) (@TeamCirauloWaggner) @CushWake SALE PRICE: $4,400,000 BSF: 14,630 ~ PPBSF: $300 SF: 5,837 ~ PPSF: $753

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$234,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,632.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,858.24
Annual Debt Service$250,298.94