David Mashaal Acquires East Village Property For $3.2M From Paul Jaffe
743 E 6th St, New York, NY 10009, USA
$3,200,000
$81/SF
Building Size
39,300 SF
Asset Type
Other
Closing
Jul 23, 2019
AI
The property located at 743 East 6th St in East Village has been sold for a price of $3,200,000. The property spans a total area of 3,930 square feet, resulting in a price per square foot of $814. The building itself has a total area of 8,360 square feet, with a price per square foot of $382.78.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $3,200,000
- Square Footage: 3,930
- Price per Square Foot: $814
- Building Square Footage: 8,360
- Price per Building Square Foot: $382.78
The buyer of the property is David Mashaal, while the seller is Paul Jaffe. The seller was represented by Michael DeCheser, Andrew Berry, Mei Ling Wong, and Bryan Hurley from CushWake and TeamDescheser.
Players
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93