FCA Acquires 15,000 SF Property At 820 Glenmore Ave New York For $2,930,000
820 Glenmore Ave, New York, NY 11208
$2,930,000
$195/SF
Building Size
15,000 SF
Asset Type
Office
Closing
Nov 20, 2023
AI
The property at 820 Glenmore Ave, New York, NY, features a total space of 15,000 square feet and was sold for $2,930,000. The market for this transaction is New York.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $2,930,000.00
- Address: 820 Glenmore Ave, New York, NY, 112...
- Square Feet: 15,000
- Seller: FCA
- Buyer: FCA
- Seller's Representative: Jim McGuckin - Marcus & Millichap
This transaction involves FCA as both the buyer and seller, with Jim McGuckin representing the seller in this deal, highlighting the direct involvement of FCA in the transaction process.
Players
New York 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
5.41%
Cash-on-Cash
-1.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93