Danny Guo Acquires Mixed-Use Property On East Broadway, Manhattan For $4.1M
96 East Broadway, New York City, New York 10002, United States
$4,080,000
$535/SF
Building Size
7,625 SF
Asset Type
Mixed-use
Closing
Jul 17, 2022
About this deal
AI
The mixed-use property located at 96 East Broadway in Manhattan has been sold for a total price of $4,100,000. The property spans 7,625 square feet, resulting in a price per square foot of $535.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,100,000
- Address: 96 East Broadway, Manhattan
- Buyer: Danny Guo
- Seller: Kin Keung Ho
Danny Guo has purchased the property from Kin Keung Ho. Both parties were represented by their respective brokers in the deal.
The mixed use sale at 96 East Broadway, New York City, New York 10002, United States in New York, New York sold for $4.1M in 2022. The building is 7,625 square feet, implying about 535 per square foot on the published price. Named participants on the 96 East Broadway, New York City, New York 10002, United States sale are Danny Guo. This page is the New York, New York file for the 96 East Broadway, New York City, New York 10002, United States mixed use sold: pricing, party profiles, and other closed mixed use comps from the same New York sit in the Market section below. Filter that New York mixed use set by closing date to see what else sold near 96 East Broadway, New York City, New York 10002, United States around 2022. Published consideration for 96 East Broadway, New York City, New York 10002, United States is $4.1M, dated 2022. Cite this Danny Guo Acquires Mixed-Use Property On East Broadway, Manhattan For $4.1M sale when underwriting similar mixed use product around New York, New York.
Players
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
3.89%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93