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63 Nassau Street

Ryan Sani Of Greenstone Realty Group Buys Mixed-Use Asset For $2.42M
SOLDMixed-use

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

Bryan Hurley

Cushman & Wakefield

Broker

$428.3M

vol

42 deals

Broker

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