Ronald Crane And Paula D Crane Acquire Office Building In Manhattan For $6.8M
SOLD
New York
See Similar DealsOffice2,125 SF
Sold 05/17/2022
SOLD
Ronald Crane And Paula D Crane Acquire Office Building In Manhattan For $6.8M
262 W 116th St, New York, NY 10026, USA
See Similar DealsOffice2,125 SF
Sold 05/17/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:2,125 SF
Transaction Type:Sale
262-265 W 116th Street in New York City, Manhattan, was recently sold for $6,800,000. The office property, situated in a prime location, was part of a closed transaction in May 2017. The sale was facilitated by Sugar Hill Capital Partners, who acted as the seller, and the buyer was Ronald Crane and Paula D Crane.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,800,000
- Address: 262-265 W 116th Street, New York City
- Market: Manhattan
Ronald Crane and Paula D Crane were the buyers of this office property. They successfully acquired the property from Sugar Hill Capital Partners. The deal was completed in May 2017, marking a significant transaction in the Manhattan market.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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