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:
- Property Type: Mixed-use
- Transaction Amount: $10,000,000.00
- Address: 521 523 E 12th St
- Market: New York
- Buyer: Jacob Oved
- Broker: Robert Khodadadian - Skyline Properties
Jacob Oved was the buyer in this transaction, while Robert Khodadadian represented the buyer through his agency, Skyline Properties.
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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93