Jane McVerry & Jian Chun Zheng Close $5.27M Retail Sale In Tribeca, Manhattan
112-114 Hudson Street
$5,270,000
$803/SF
Building Size
6,558 SF
Asset Type
Retail
Closing
Jun 5, 2024
AI
The retail property located at 112-114 Hudson Street in Tribeca, Manhattan, was recently sold for $5,270,000.00. Spanning 6,558 square feet, the property was transacted at a price per square foot of $804.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $5,270,000.00
- Address: 112-114 Hudson Street
- Market: Tribeca, Manhattan
- SF: 6,558
- PPSF: $804
- Buyer's Rep: Jian Chun Zheng - Winzone Realty HomeInc.
- Seller's Rep: Jane McVerry - Sinvin Realty
The deal was facilitated with Jian Chun Zheng of Winzone Realty Home Inc. representing the buyer, and the seller was represented by Jane McVerry from Sinvin Realty.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93