Cushman & Wakefield Brokers Sell Mixed-Use Property In New York City For $3.2M
4441 Broadway New York, NY 10040, USA
$3,200,000
$152/SF
Building Size
21,000 SF
Asset Type
Mixed-use
Closing
May 22, 2023
About this deal
AI
A mixed-use property located at 4441 Broadway in New York City has been sold for a price of $3,200,000. The property spans approximately 21,000 square feet, resulting in a price per square foot of $152.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $3,200,000
- Square Footage: 21,000
- Price per Square Foot: $152
- Address: 4441 Broadway, New York City
The sale of this mixed-use property was facilitated by brokers Robert Shapiro, Ian Brooks, and Jordan Sutton from Cushman & Wakefield.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93