Robert Cheung Sells Office Building In Chinatown For $4.1M
4 Allen Street, New York City, New York 10002, United States
$4,100,000
$715/SF
Building Size
5,729 SF
Asset Type
Office
Closing
Feb 14, 2022
About this deal
AI
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $4,100,000
- Market: Chinatown, Manhattan
- Zoning: C6-2G
- BSF: 5,701
- PPBSF: $719
- SF: 5,729
- PPSF: $715
- FAR: 6.05
- Tax Class: 4
- Lot Size: 947
- Last Sale Price: $1,900,000 (12/30/2003)
- Permits: Alteration 2 (06/24/2016)
- Lot Dimension: 61.58 ft x 19.75 ft
The office sale at 4 Allen Street, New York City, New York 10002, United States in New York, New York sold for $4.1M in 2022. The building is 5,729 square feet, implying about 715 per square foot on the published price. Named participants on the 4 Allen Street, New York City, New York 10002, United States sale are Robert Cheung. This page is the New York, New York file for the 4 Allen Street, New York City, New York 10002, United States office sold: pricing, party profiles, and other closed office comps from the same New York sit in the Market section below. Filter that New York office set by closing date to see what else sold near 4 Allen Street, New York City, New York 10002, United States around 2022. Published consideration for 4 Allen Street, New York City, New York 10002, United States is $4.1M, dated 2022. Cite this Robert Cheung Sells Office Building In Chinatown For $4.1M sale when underwriting similar office product around New York, New York.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93