Private Investor Acquires Property From FCA For $5,830,000 With Buyer's Rep Jeff Weiss
SOLD
$5,830,000
New York
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SOLD
Private Investor Acquires Property From FCA For $5,830,000 With Buyer's Rep Jeff Weiss
118 1st Ave, New York, NY, 10009
See Similar DealsRetail
Summary
NEW YORK
Asset Type:Retail
Transaction Type:Sale
The property asset involved in this transaction is located at 118 1st Ave, New York, NY, 10009. The market value is set at $5,830,000. The property is listed with a size of 0 square feet.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $5,830,000.00
- Buyer: Private Investor
- Seller: FCA
- Buyer's Representative: Jeff Weiss-Highcap Group
- Seller's Representative: George Damiris-Alexiou Realty
The deal includes a private investor as the buyer, who is represented by Jeff Weiss from Highcap Group. The seller, FCA, has George Damiris from Alexiou Realty as their representative in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$310,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,712.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,637.17
Annual Debt Service$331,646.09
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