Cushman & Wakefield Represents Seller In $20.81M Mixed-Use Sale At 43 Crosby Street SoHo
SOLD
$20,810,000
+ 1
New York
See Similar DealsMixed-use13,500 SF
Sold 09/30/2024
SOLD
Cushman & Wakefield Represents Seller In $20.81M Mixed-Use Sale At 43 Crosby Street SoHo
43 Crosby Street
See Similar DealsMixed-use13,500 SF
Sold 09/30/2024
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,541
Total Square Footage:13,500 SF
Transaction Type:Sale
The property located at 43 Crosby Street, situated in the SoHo market, is a mixed-use asset encompassing a total square footage of 13,500. The sale was concluded at a price of $20,810,000, equating to a price per square foot of $1,541.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $20,810,000
- Address: 43 Crosby Street
- Market: SoHo
- Square Footage: 13,500
- Price Per Square Foot: $1,541
- Seller's Representatives: Michael Gembecki, Bobby Carrozzo, Robert Burton & Evan Lush - Cushman & Wakefield
The transaction involved key representatives from Cushman & Wakefield, specifically Michael Gembecki, Bobby Carrozzo, Robert Burton, and Evan Lush, who played a crucial role in facilitating the sale of the property.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,109,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$73,933.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$98,650.02
Annual Debt Service$1,183,800.20
Is there something missing? Send suggestions