Eun Rae Jo Acquires Mixed-Use Property On Greenwich St For $6.4M
SOLD
$19,000,000
+ 2
New York
See Similar DealsMixed-use2,375 SF
Sold 10/09/2018
SOLD
Eun Rae Jo Acquires Mixed-Use Property On Greenwich St For $6.4M
240 W 10th St, New York, NY 10014, USA
See Similar DealsMixed-use2,375 SF
Sold 10/09/2018
+ 2
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$8,000
Total Square Footage:2,375 SF
Transaction Type:Sale
A mixed-use property located at 679 Greenwich St in the West Village has been sold in a recent transaction. The property spans 5,952 square feet and was sold for $6,415,000, resulting in a price per square foot of $1,078. The transaction took place on October 21, 2022.
Summary of transation details
- Property Type: Mixed-Use
- Transaction Amount: $6,415,000
- Address: 679 Greenwich St
- Market: West Village
- Buyer: Eun Rae Jo
- Seller: The Omnia Group
Represented by Chris Halliburton and Irina Tesis from Compass, the deal was facilitated by knowledgeable brokers. The buyer, Eun Rae Jo, acquired the property from the seller, The Omnia Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,013,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$67,502.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$90,069.69
Annual Debt Service$1,080,836.32
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