SOLDOffice
Zef Perlleshi Acquires Office Building In White Plains For $13.7M
75 S Broadway, White Plains, NY 10601, USA
Building Size
910,280 SF
Asset Type
Office
Closing
Sep 16, 2017
About this deal
AI
The office property located at 75 S Broadway in White Plains, Westchester has been sold in a closed transaction. The property spans across 91,028 square feet, with the purchase price set at $13,700,000. This translates to a price per square foot of $150.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $13,700,000
- Square Footage: 91,028
- Address: 75 S Broadway, White Plains
- Market: Westchester
The seller of the property was KABR RE Investment Partners, while the buyer is Zef Perlleshi.
Players
City of White Plains Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93