Lucille Lortel Theatre Foundation Acquires Retail Property In NYC For $5.4M
SOLD
$5,352,594
New York
See Similar DealsRetail5,290 SF
Sold 02/28/2023
SOLD
Lucille Lortel Theatre Foundation Acquires Retail Property In NYC For $5.4M
134 West 18th Street
See Similar DealsRetail5,290 SF
Sold 02/28/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1,011
Total Square Footage:5,290 SF
Transaction Type:Sale
The retail property located at 134 West 18th Street in New York City has been sold for a total price of $5,352,594. The property spans across 5,290 square feet with a price per square foot of $1,012. The transaction took place on February 28, 2023, and the asset was acquired by the Lucille Lortel Theatre Foundation.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,352,594
- Address: 134 West 18th Street
- Market: New York City
- Square Footage: 5,290
- Price Per Square Foot: $1,012
The buyer's representative in this transaction was Matthew Lesser & Ravi Kantha from Leslie Garfield. They played a key role in facilitating the sale of the retail property to the Lucille Lortel Theatre Foundation.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$285,471.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,016.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,374.03
Annual Debt Service$304,488.32
Is there something missing? Send suggestions