L3 Capital Acquires Mixed-Use Property At 72 Greene St From Centrum Properties For $42M
72 Greene St
$42,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Dec 1, 2012
AI
The transaction involved a mixed-use property located at 72 Greene St in New York. The sale price of the asset was $42,000,000.00, reflecting its market value as of the transaction date on 12/01/2012.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $42,000,000.00
- Address: 72 Greene St
- Market: New York
- Buyer: L3 Capital
- Seller: Centrum Properties
- Broker: Robert Khodadadian - Skyline Properties
Robert Khodadadian represented Skyline Properties in the brokerage for this transaction between L3 Capital and Centrum Properties. The deal was finalized on the specified date, illustrating the active real estate market in New York.
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93