David R. Lachtman, Esq. Represents Seller In Office Sale In Diamond District
15 West 47th Street, Manhattan, New York, NY, USA
$110,000,000
$909/SF
Building Size
120,900 SF
Asset Type
Office
Closing
Dec 9, 2020
About this deal
AI
A sale transaction has taken place in the Diamond District of New York City. The property involved is an office building located at 15 West 47th Street. The transaction was completed on December 10, 2020.
Summary of transaction details
- Property Type: Office 🏢
- Transaction Amount: Not specified
- Address: 15 West 47th Street
- Market: Diamond District
The seller in this transaction was represented by David R. Lachtman, Esq. from Lachtman Cohen P.C. No further details regarding the sale price or other parties involved were provided.
On the Map
$110,000,000
$909/SF
Office
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New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93