Liza Izkiyayeva Acquires Mixed-Use Properties In TriBeCa From Vincent Del Vecchio
5 Lispenard Street & 1 Lispenard Street
$7,900,000
$419/SF
Building Size
9,425 SF
Asset Type
Mixed-use
Closing
Jun 17, 2024
About this deal
AI
Liza Izkiyayeva acquired two mixed-use properties at 5 and 1 Lispenard Street in TriBeCa, Manhattan, from Vincent Del Vecchio for $7.9 million. The total square footage of the properties is 9,425, with a price per square foot of $838.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,900,000
- Address: 5 Lispenard Street & 1 Lispenard Street
- Market: TriBeCa, Manhattan
Liza Izkiyayeva acted as the buyer in this transaction, acquiring the mixed-use properties from Vincent Del Vecchio. Vincent Del Vecchio served as the seller in this deal. The properties are situated in the vibrant neighborhood of TriBeCa in Manhattan, known for its mix of residential and commercial spaces.
On the Map
$7,900,000
$419/SF
Mixed-use
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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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93