Mary Corliss Sells Mixed-Use Property In West Village, Manhattan For $4.25M - Brock Emmetsberger & Christian Kane Represented Seller
SOLD
$4,250,000
New York
See Similar DealsMixed-use1,707 SF
Sold 11/23/2021
SOLD
Mary Corliss Sells Mixed-Use Property In West Village, Manhattan For $4.25M - Brock Emmetsberger & Christian Kane Represented Seller
702 Greenwich Street, Manhattan, New York, NY, USA
See Similar DealsMixed-use1,707 SF
Sold 11/23/2021
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$2,489
Total Square Footage:1,707 SF
Transaction Type:Sale
The mixed-use property located at 702 Greenwich Street in the West Village neighborhood of Manhattan has been sold for a total of $4,250,000. The transaction was completed on November 23, 2021. The property spans 1,707 square feet, resulting in a price per square foot of $2,489. The seller of the property is Mary Corliss.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $4,250,000
- Address: 702 Greenwich Street
- Market: West Village, Manhattan
The sale of this mixed-use property was facilitated by Brock Emmetsberger and Christian Kane of B6 Real Estate Advisors. They represented the seller, Mary Corliss, in the transaction. Brock Emmetsberger and Christian Kane are the brokers involved in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$226,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,099.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,147.17
Annual Debt Service$241,766.02
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