Kuafu Properties Acquires Property At 143 E 60th St New York For $300 Million With JLL's Clint Olsen
143 E 60th St, New York, NY, 10022
$300,000,000
Building Size
—
Asset Type
Retail
Closing
Oct 15, 2015
About this deal
AI
The property involved in the transaction is located at 143 E 60th St, New York, NY, 10022. The transaction was completed for a total price of $300,000,000.00. The square footage for the property is noted as 0, indicating that specific details about the interior space may not be available. The market in which this property is located is New York.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: $300,000,000.00
- Address: 143 E 60th St, New York, NY, 10022
- Market: New York
- Seller's Representative: Clint Olsen (JLL)
- Buyer: Kuafu Properties
The deal was represented by Clint Olsen from JLL on behalf of the seller, ensuring proper representation throughout the transaction process. Kuafu Properties acted as the buyer, acquiring the property through this transaction.
On the Map
$300,000,000
Retail
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.05%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93