facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

503 Fourth Ave

Kim Miller Sells Mixed-use Property At 503 Fourth Ave New York For $2 Million
SOLDMixed-use

Kim Miller Sells Mixed-use Property At 503 Fourth Ave New York For $2 Million

503 Fourth Ave

$2,000,000

$533/SF

Building Size

3,750 SF

Asset Type

Mixed-use

Closing

Jul 10, 2024

AI

A mixed-use property located at 503 Fourth Ave in New York has been sold for a price of $2,000,000.00. The property covers a total square footage of 3,750.0.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,000,000.00
  • Address: 503 Fourth Ave
  • Market: New York
  • Square Footage: 3,750.0
  • Seller: Kim Miller

The transaction was facilitated by brokers Josh Lipton and Andrew Levine from Invictus. Joseph Misita was also involved in the deal, though his affiliation is not specified.

Players

Andrew Levine

Invictus Property Advisors

Broker

$453.3M

vol

67 deals

Broker

Kim Miller

Seller
Seller

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93