Noah Kossoff Of Avison Young Represents Sale Of Mixed-Use Property At 159 Rivington Street For $5.4M
SOLD
$5,400,000
New York
See Similar DealsMixed-use9,550 SF
Sold 09/19/2024
SOLD
Noah Kossoff Of Avison Young Represents Sale Of Mixed-Use Property At 159 Rivington Street For $5.4M
159 Rivington Street
See Similar DealsMixed-use9,550 SF
Sold 09/19/2024
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$565
Total Square Footage:9,550 SF
Transaction Type:Sale
A mixed-use property located at 159 Rivington Street in the Lower East Side has been sold for $5,400,000. The asset encompasses a total of 9,550 square feet, translating to a price per square foot of $565.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,400,000
- Address: 159 Rivington Street
- Market: Lower East Side
- Square Footage: 9,550 SF
- Price per Square Foot: $565
- Broker: Noah Kossoff - Avison Young
Noah Kossoff from Avison Young represented the transaction in this deal, highlighting his role as the broker for the sale of the property.
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)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
Is there something missing? Send suggestions