Bayrock Capital Acquires Mixed-Use Property In Upper East Side For $4.3M
419 E 91st St, New York, NY 10128, USA
$4,300,000
$944/SF
Building Size
4,554 SF
Asset Type
Mixed-use
Closing
Jul 20, 2020
AI
The mixed-use property located at 419 East 91st Street in the Upper East Side has been sold for a total price of $4,300,000. Spanning across 4,554 square feet, the property was sold at an average price of $944 per square foot.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,300,000
- Square Footage: 4,554
- Price per Square Foot: $944
- Address: 419 East 91st Street
- Market: Upper East Side
The seller of the property is Emily Lee Spruyt, while the buyer is Bayrock Capital represented by Marc Glassman and Daniel Rabinowitz. The deal was facilitated by brokers Robert M. Shapiro, Ian Brooks, Brett Weisblum, and Mike Nemirovsky from an undisclosed agency.
Players
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93