Guy Tuvia Acquires Office In New York From David Cohen For $11 Million
353 W 48th St
$11,000,000
Building Size
—
Asset Type
Office
Closing
Aug 1, 2013
About this deal
AI
The property involved in this transaction is located at 353 W 48th St, New York. It is classified as an office asset and was sold for a total transaction amount of $11,000,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $11,000,000.00
- Buyer: Guy Tuvia
- Seller: David Cohen
- Date of Sale: 08/01/2013
- Market: New York
- Brokers: Robert Khodadadian - Skyline Properties
The transaction featured key individuals including the buyer, Guy Tuvia, and the seller, David Cohen, alongside the broker representative Robert Khodadadian of Skyline Properties who facilitated the deal.
On the Map
$11,000,000
Office
View full map
Players
New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse New York office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93