Updated Feb 19, 2025
Comedy Cellar Acquires Retail Property In Greenwich Village From McDonald's Corporation For $7.3M
136 West 3rd Street
$7,300,000
$1,420/SF
Building Size
5,141 SF
Asset Type
MultiFamily
Closing
Mar 17, 2023
About this deal
AI
The retail property located at 136 West 3rd Street in Greenwich Village has been sold for a price of $7,300,000. Spanning across 5,141 square feet, this asset was acquired by Comedy Cellar, represented by Noam Dworman. The seller of the property was the McDonald's Corporation. The deal was facilitated by the brokers Daniel Kaplan and Justin Arzi from CBRE.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,300,000
- Address: 136 West 3rd Street
- Market: Greenwich Village
- Buyer: Comedy Cellar - Noam Dworman
- Seller: McDonald's Corporation
- Brokers: Daniel Kaplan & Justin Arzi - CBRE
- Size: 5,141 square feet
- Price per Square Foot: $1,420
Comedy Cellar, owned by Noam Dworman, successfully purchased the retail property situated at 136 West 3rd Street in Greenwich Village. The property spans over 5,141 square feet and was acquired for a price of $7,300,000 at a rate of $1,420 per square foot. The deal was facilitated by CBRE brokers, Daniel Kaplan and Justin Arzi.
On the Map
$7,300,000
$1,420/SF
MultiFamily
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New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93