Amitava Mandal Purchases Office At 545 West 25th Street For $3.125 Million
SOLD
$3,125,000
New York
See Similar DealsOffice3,915 SF
Sold 10/22/2025
SOLD
Amitava Mandal Purchases Office At 545 West 25th Street For $3.125 Million
545 West 25th Street
See Similar DealsOffice3,915 SF
Sold 10/22/2025
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$798
Total Square Footage:3,915 SF
Transaction Type:Sale
The property is located at 545 West 25th Street, 15th Floor in the West Village market. This office asset encompasses a total area of 3,945 square feet and was sold for $3,125,000, resulting in a price per square foot of $792.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,125,000
- Square Footage: 3,945
- Address: 545 West 25th Street, 15th Floor
- Market: West Village
- Buyer: Amitava Mandal
- Seller: Sharone Ben-Harosh
- Buyer's Representative: Richard Nassimi
- Seller's Representative: Henri Kessler - Marcus & Millichap
Richard Nassimi represents the buyer, Amitava Mandal, and Henri Kessler from Marcus & Millichap represents the seller, Sharone Ben-Harosh, facilitating this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$166,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,102.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,814.09
Annual Debt Service$177,769.13
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