Yesod Wellness Center Acquires Office Building In Lawrence For $3M
45 Bayview Avenue, Inwood, New York 11096, United States
$3,000,000
$600/SF
Building Size
5,000 SF
Asset Type
Office
Closing
May 31, 2022
About this deal
AI
The sale of an office property in the Five Towns area has been completed. The property, located at 45 Bayview Ave Lawrence, was sold for a price of $3,000,000. The office space spans a total of 5,000 square feet, resulting in a price per square foot of $600. The transaction took place on 06/01/2022.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,000,000
- Address: 45 Bayview Ave Lawrence
- Market: Five Towns
- Buyer: Yesod Wellness Center - Dr. Dov Snow. Ph.D.
- Seller: Dc Lowinger & Juda Lowinger
The buyer of the property is Yesod Wellness Center, represented by Dr. Dov Snow. Ph.D. The sellers of the property are Dc Lowinger & Juda Lowinger.
On the Map
$3,000,000
$600/SF
Office
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Players
Inwood Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93