Avison Young And Compass Brokers Facilitate $5.4M Sale Of Office Building At 233 Water Street, Fulton, Manhattan
SOLD
$5,400,000
+ 2
New York
See Similar DealsOffice4,836 SF
Sold 12/21/2023
SOLD
Avison Young And Compass Brokers Facilitate $5.4M Sale Of Office Building At 233 Water Street, Fulton, Manhattan
233 Water Street
See Similar DealsOffice4,836 SF
Sold 12/21/2023
+ 2
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$1,116
Total Square Footage:4,836 SF
Transaction Type:Sale
The office property located at 233 Water Street in Fulton, Manhattan has been sold for a total of $5,400,000. The property spans across 4,836 square feet, resulting in a price per square foot of $1,117.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,400,000
- Square Footage: 4,836
- Price Per Square Foot: $1,117
- Address: 233 Water Street, Fulton, Manhattan
- Market: Fulton, Manhattan
- BROKERS: Edward Nelson, Alexandra Marolda & Kyle Sabath - Avison Young; Alex Antigua & Tyler Mckenna - Compass
The sale was facilitated by brokers Edward Nelson, Alexandra Marolda, Kyle Sabath from Avison Young, and Alex Antigua and Tyler Mckenna from Compass.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$288,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,185.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,598.75
Annual Debt Service$307,185.06
Is there something missing? Send suggestions