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72 Greene St

L3 Capital Acquires Mixed-Use Property At 72 Greene St From Centrum Properties For $42M
SOLDMixed-use

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:

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

Robert Khodadadian

Skyline Properties

Broker

$1.1B

vol

30 deals

Broker
L3 Capital
L3 CapitalBuyer

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

0.38%

Cash-on-Cash

-0.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93