Andrew Sasson, Chad Sinsheimer & Michael Kopy Of Ackman-Ziff Acquire Mixed-Use Property In Meatpacking District For $14.76M
67 Gansevoort Street, New York City, New York 10014, United States
$14,760,000
$2,774/SF
Building Size
5,320 SF
Asset Type
Mixed-use
Closing
Dec 20, 2021
AI
67 Gansevoort St. in the Meatpacking District has been sold for $14,760,000. This mixed-use property spans 5,320 square feet, resulting in a price per square foot of $2,774. The sale was facilitated by Andrew Sasson, Chad Sinsheimer, and Michael Kopy of Ackman-Ziff.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $14,760,000
- Address: 67 Gansevoort St.
- Market: Meatpacking District 🥩
- Square Footage: 5,320
- Price per Square Foot: $2,774
- Brokers: Andrew Sasson, Chad Sinsheimer, and Michael Kopy - Ackman-Ziff
Andrew Sasson, Chad Sinsheimer, and Michael Kopy of Ackman-Ziff played a key role in facilitating the sale of this mixed-use property located at 67 Gansevoort St. in the Meatpacking District. Their expertise and efforts contributed to the successful completion of this transaction.
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
1.07%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93