Madison International Acquires Retail Property In Brooklyn For $18.3M
106 Court St, Brooklyn, NY 11201, USA
Building Size
17,825 SF
Asset Type
Retail
Closing
Jan 16, 2017
About this deal
AI
The property located at 106 Court Street in Brooklyn was sold on January 17, 2017. The transaction involved a retail asset and was valued at $18,311,406.00. The seller was Forest City (REIT), while the buyer was Madison International.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $18,311,406.00
- Address: 106 Court St
- Date: 01/17/2017
- City: Brooklyn
- Market: NYC Boroughs
- Seller: Forest City (REIT) @FORESTCITYREIT
- Buyer: Madison International
Forest City (REIT) represented the seller in this deal.
Traded’s record for 106 Court St, Brooklyn, NY 11201, USA in New York, New York covers a retail sale from 2017. The building is 17,825 square feet, implying about 0 per square foot on the published price. This page is the New York, New York file for the 106 Court St, Brooklyn, NY 11201, USA retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 106 Court St, Brooklyn, NY 11201, USA around 2017. Cite this Madison International Acquires Retail Property In Brooklyn For $18.3M sale when underwriting similar retail product around New York, New York.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93