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210 E 117th St, New York, N...

Updated Dec 21, 2023

Klosed Properties Acquires $1.35M Apartment/Office In New York
SOLDOffice

Klosed Properties Acquires $1.35M Apartment/Office In New York

210 E 117th St, New York, NY 10035, USA

Building Size

3,992 SF

Asset Type

Office

Closing

Jan 28, 2018

About this deal

AI

The property at 210 East 117th Street, located in Manhattan, New York, was sold in February 2017 for a price of $1,350,000. The property, which serves as a combination of apartments and office space, spans a total of 3,992 square feet. With a price per square foot of $338, this transaction reflects the value of the property in the market.

Summary of transaction details:

  • Property Type: Apartment/Office
  • Transaction Amount: $1,350,000

The seller of the property was Thomas Vignola, while Klosed properties acted as the buyer in this deal.

Players

Michael A. Tortorici

Ariel Property Advisors

Broker

$908.9M

vol

48 deals

Broker

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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