Yeshiva Nishmas Hatorah Inc. Acquires Mixed-Use Property In Inwood For $2M
SOLD
$2,000,000
New York
See Similar DealsMixed-use10,458 SF
Sold 07/12/2020
SOLD
Yeshiva Nishmas Hatorah Inc. Acquires Mixed-Use Property In Inwood For $2M
80 Mott Ave, Inwood, NY, USA
See Similar DealsMixed-use10,458 SF
Sold 07/12/2020
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$191
Total Square Footage:10,458 SF
Transaction Type:Sale
An office building located at 80 Mott Ave. in Inwood has recently been sold in a mixed-use transaction. The property, measuring 10,458 square feet, was sold for a price of $2,000,000, resulting in a price per square foot of $191. The buyer of the property is Yeshiva Nishmas Hatorah Inc., represented by Pinchus Weinberger. Rich Bernstein acted as the seller in this transaction.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,000,000
- Address: 80 Mott Ave.
- Market: Inwood
Lauren Santaniello, Dominique Florio, and Michele Sherry Mosca facilitated the deal as the brokers involved in the transaction. Their expertise and representation played a crucial role in the successful completion of this sale.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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