Peter Feig Acquires Retail Condo On Duane St, Manhattan For $2.3M
129 Duane St # 1dcom, New York, NY 10013, USA
Building Size
980 SF
Asset Type
Retail
Closing
Dec 10, 2017
About this deal
AI
The property involved in this transaction is a retail condo located at 129 Duane St in New York's Manhattan market. The property, measuring 980 square feet, was sold for a price of $2,265,000, resulting in a price per square foot of $2,311.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $2,265,000
- Address: 129 Duane St, New York
- Market: Manhattan
The seller of the property was Frank Savino, while the buyer was Peter Feig.
Traded’s record for 129 Duane St # 1dcom, New York, NY 10013, USA in New York, New York covers a retail sale from 2017. The building is 980 square feet, implying about 0 per square foot on the published price. This page is the New York, New York file for the 129 Duane St # 1dcom, New York, NY 10013, 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 129 Duane St # 1dcom, New York, NY 10013, USA around 2017. Cite this Peter Feig Acquires Retail Condo On Duane St, Manhattan For $2.3M 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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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