Updated Sep 9, 2024
Floris Keverling Acquires Mixed-Use Property At 369 Warren Street In New York City
369 Warren Street
$1,700,000
$607/SF
Building Size
2,800 SF
Asset Type
MultiFamily
Closing
Mar 24, 2023
About this deal
AI
The mixed-use property located at 369 Warren Street in New York City has been sold for $1,700,000. The property spans across 2,375 square feet, resulting in a price per square foot of $716. The sale took place on March 24, 2023, and involved the following parties:
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $1,700,000
- Address: 369 Warren Street
- Market: New York City
The buyer of the property was Floris Keverling, while Sherwin Gordon acted as the seller. The deal was facilitated by Gabriel Kates and Sean Mashihi from Block Real Estate Group, who represented both the buyer and the seller in the transaction.
Players
Market 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93