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240 W 10th St, New York, NY...

Eun Rae Jo Acquires Mixed-Use Property On Greenwich St For $6.4M
SOLDMixed-use

Eun Rae Jo Acquires Mixed-Use Property On Greenwich St For $6.4M

240 W 10th St, New York, NY 10014, USA

$19,000,000

$8,000/SF

Building Size

2,375 SF

Asset Type

Mixed-use

Closing

Oct 8, 2018

AI

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.

Players

Joseph Soufeh

Venture Capital Properties

Broker

$77.1M

vol

3 deals

Broker

Eun Rae Jo

Buyer

$31.8M

vol

4 deals

Buyer

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

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93