Robert Cheung Sells Office Building In Chinatown For $4.1M
SOLD
$4,100,000
New York
See Similar DealsOffice5,729 SF
Sold 02/15/2022
SOLD
Robert Cheung Sells Office Building In Chinatown For $4.1M
4 Allen Street, New York City, New York 10002, United States
See Similar DealsOffice5,729 SF
Sold 02/15/2022
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$715
Total Square Footage:5,729 SF
Transaction Type:Sale
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
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)
$218,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10
Is there something missing? Send suggestions