Marcus & Millichap Facilitates $7.05M Mixed-Use Sale In Chinatown
SOLD
$7,050,000
New York
See Similar DealsMixed-use14,192 SF
Sold 05/09/2022
SOLD
Marcus & Millichap Facilitates $7.05M Mixed-Use Sale In Chinatown
77 Mott Street, New York City, New York 10013, United States
See Similar DealsMixed-use14,192 SF
Sold 05/09/2022
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$496
Total Square Footage:14,192 SF
Transaction Type:Sale
The mixed-use property located at 77 Mott St. in Chinatown has been sold for a total of $7,050,000. The transaction took place on 05/09/2022. The property spans a total area of 14,192 square feet, resulting in a price per square foot of $496.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,050,000
- Address: 77 Mott St.
- Market: Chinatown
- Brokers: Matt Fotis & Colton Traynham - Marcus & Millichap
- Square Footage: 14,192
- Price per Square Foot: $496
Matt Fotis and Colton Traynham of Marcus & Millichap were the brokers representing the parties involved in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$376,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,047.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$33,420.60
Annual Debt Service$401,047.16
Is there something missing? Send suggestions