Eun Rae Jo Acquires Mixed-Use Property In West Village, Manhattan For $6.4M
679 Greenwich Street
$6,415,000
$1,077/SF
Building Size
5,952 SF
Asset Type
Mixed-use
Closing
Oct 21, 2022
About this deal
AI
A mixed-use property located at 679 Greenwich Street in the West Village of Manhattan, has been sold for a total price of $6,415,000. The property spans across 5,952 square feet, resulting in a price per square foot of $1,077. The transaction took place on 10/21/2022, and the sale was facilitated by David Paz, representing Omnia Group as the seller.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $6,415,000
- Square Footage: 5,952
- Price Per Square Foot: $1,077
- Address: 679 Greenwich Street
- Market: West Village, Manhattan
Eun Rae Jo acted as the buyer in this transaction. The acquisition of this mixed-use property presents a significant investment opportunity in the vibrant West Village neighborhood. The deal was successfully closed, thanks to the involvement of David Paz, representing Omnia Group as the seller's representative.
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
2.47%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93