Alice Yan Fung Ng And Kwok Siu Ng Acquires Retail Property On Mott Street In Manhattan For $6.78M
139 Mott St, New York, NY 10013, USA
Building Size
7,300 SF
Asset Type
Retail
Closing
Aug 16, 2017
About this deal
AI
The retail property located at 139 Mott Street in New York City has been sold for a price of $6,780,000. The property is situated in the Manhattan market. The seller of the property is Frank M Acerbo, while the buyers are Alice Yan Fung Ng and Kwok Siu Ng.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,780,000
- Address: 139 Mott Street
- City: New York
- Market: Manhattan
Alice Yan Fung Ng and Kwok Siu Ng have acquired the retail property located at 139 Mott Street from Frank M Acerbo. The deal was facilitated by their respective agents or representatives.
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