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521 523 E 12th St

Jacob Oved Purchases Mixed-Use Property At 521 523 E 12th St New York For $10M
SOLDMixed-use

Jacob Oved Purchases Mixed-Use Property At 521 523 E 12th St New York For $10M

521 523 E 12th St

$10,000,000

Building Size

Asset Type

Mixed-use

Closing

Aug 1, 2013

AI

The property involved in this transaction is a mixed-use asset located at 521 523 E 12th St in the New York market. The property was sold for a total price of $10,000,000.00.

Summary of transaction details:

Jacob Oved was the buyer in this transaction, while Robert Khodadadian represented the buyer through his agency, Skyline Properties.

Players

Robert Khodadadian

Skyline Properties

Broker

$1.1B

vol

30 deals

Broker

Jacob Oved

Buyer

$7.1M

vol

1 deal

Buyer

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

1.59%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93