Guy Tuvia Acquires Office In New York From David Cohen For $11 Million
SOLD
$11,000,000
New York
See Similar DealsOffice
Sold 08/01/2013
SOLD
Guy Tuvia Acquires Office In New York From David Cohen For $11 Million
353 W 48th St
See Similar DealsOffice
Sold 08/01/2013
Summary
NEW YORK
Asset Type:Office
Transaction Type:Sale
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.
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)
$586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,080.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,145.61
Annual Debt Service$625,747.34
Is there something missing? Send suggestions