David Mashaal Acquires East Village Property For $3.2M From Paul Jaffe
SOLD
$3,200,000
+ 3
New York
See Similar DealsOther39,300 SF
Sold 07/24/2019
SOLD
David Mashaal Acquires East Village Property For $3.2M From Paul Jaffe
743 E 6th St, New York, NY 10009, USA
See Similar DealsOther39,300 SF
Sold 07/24/2019
+ 3
Summary
NEW YORK
Asset Type:Other
Price Per Square Foot:$81
Total Square Footage:39,300 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
Is there something missing? Send suggestions