FCA Acquires 15,000 SF Property At 820 Glenmore Ave New York For $2,930,000
SOLD
$2,930,000
New York
See Similar DealsOffice15,000 SF
SOLD
FCA Acquires 15,000 SF Property At 820 Glenmore Ave New York For $2,930,000
820 Glenmore Ave, New York, NY 11208
See Similar DealsOffice15,000 SF
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$195
Total Square Footage:15,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$156,266.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,409.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,889.69
Annual Debt Service$166,676.34
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