JMC Holdings Acquires Office Building In Manhattan For $47M
SOLD
New York
See Similar DealsOffice82,000 SF
Sold 12/18/2017
SOLD
JMC Holdings Acquires Office Building In Manhattan For $47M
306 E 61st St, New York, NY 10065, USA
See Similar DealsOffice82,000 SF
Sold 12/18/2017
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:82,000 SF
Transaction Type:Sale
The office building at 306 East 61st Street in Manhattan has been sold in a closed transaction for $47,000,000. The property spans 82,000 square feet, resulting in a price per square foot of $573.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $47,000,000
- Square Footage: 82,000
- Price per Square Foot: $573
- Address: 306 East 61st Street, New York
- Market: Manhattan
The seller of the office building was NY REIT, while the buyer was JMC Holdings.
Details
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
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Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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