Yeshiva Nishmas Hatorah Inc. Acquires Mixed-Use Property In Inwood For $2M
80 Mott Ave, Inwood, NY, USA
$2,000,000
$191/SF
Building Size
10,458 SF
Asset Type
Mixed-use
Closing
Jul 12, 2020
About this deal
AI
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.
Players
Inwood 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93