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Mixed Use

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4300 Broadway

SOLDMixed-use

Moe Greenzweig Acquires Mixed-Use Property On Broadway In New York City For $12M

4300 Broadway

$12,000,000

$228/SF

Building Size

52,598 SF

Asset Type

Mixed-use

Closing

Apr 21, 2023

AI

A mixed-use property located at 4300 Broadway in New York City has been sold for a price of $12,000,000. The property spans 52,598 square feet, resulting in a price per square foot of $228.

Summary of transaction details

  • Property Type: Mixed-Use
  • Transaction Amount: $12,000,000
  • Address: 4300 Broadway
  • Market: New York City

The buyer of the property is Moe Greenzweig. The transaction was facilitated by Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group.

Players

Aaron Jungreis

Rosewood Realty Group

Broker

$4.4B

vol

214 deals

Broker

Market 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

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93