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5 Prince St

Jack Dutch Purchases 5 Prince St Multifamily Property In New York For $5,500,000 From Bari Restaurant Supply
SOLDMultiFamily

Jack Dutch Purchases 5 Prince St Multifamily Property In New York For $5,500,000 From Bari Restaurant Supply

5 Prince St

$5,500,000

$1,571/SF

Building Size

3,500 SF

Asset Type

MultiFamily

Closing

Aug 14, 2025

AI

The transaction involves a multi-family asset located at 5 Prince St in New York. The property was sold for $5,500,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $5,500,000.00
  • Sale Date: 08/14/2025
  • Buyer: Jack Dutch
  • Seller: Bari Restaurant Supply
  • Broker: Jared Minc - Building Equity Management

This deal showcases the involvement of Jared Minc, who represented Building Equity Management in the transaction, playing a crucial role in facilitating the agreement between Jack Dutch and Bari Restaurant Supply.

Players

Jack Dutch

Buyer

$60.5M

vol

3 deals

Buyer
BS
Bari Restaurant SupplySeller

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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93