Ryan Sani Of Greenstone Realty Group Buys Mixed-Use Asset For $2.42M
63 Nassau Street
$2,425,000
$494/SF
Building Size
4,900 SF
Asset Type
Mixed-use
Closing
May 21, 2024
AI
The property at 63 Nassau Street in the Financial District, Manhattan, was recently involved in a mixed-use transaction. The sale price for this property was $2,425,000, with a total square footage of 4,900 and a price per square foot of $495.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,425,000
- Address: 63 Nassau Street
- Market: Financial District, Manhattan
The deal was facilitated by brokers Michael Decheser, Will Conrad, Bryan Hurley, and Sanjana Reddy from Cushman & Wakefield. The buyer, Ryan Sani, was represented by Greenstone Realty Group, while the seller was Tsuneko Yamaguchi.
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
6.54%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93