SOLDOther
BD Notes LLC Acquires Note At 99 University Place, Greenwich Village From Bank OZK For $10.5M
99 University Place, New York City, New York 10003, United States
$10,500,000
Building Size
—
Asset Type
Other
Closing
Oct 5, 2022
About this deal
AI
The property involved in the transaction is a note located at 99 University Place in Greenwich Village. The sale took place on 10/06/2022, with BD Notes LLC purchasing the note from Bank OZK for a sale price of $10,500,000.
Summary of transaction details
- Property Type: Note
- Transaction Amount: $10,500,000
- Address: 99 University Place
- Market: Greenwich Village
BD Notes LLC acted as the buyer in this transaction, while Bank OZK served as the seller. No additional information is available about the deal.
New York Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93