Gabriel Weiser Acquires Retail Property From ASG Equities In Tribeca For $2.7M
SOLD
$2,700,000
+ 3
New York
See Similar DealsRetail2,100 SF
Sold
SOLD
Gabriel Weiser Acquires Retail Property From ASG Equities In Tribeca For $2.7M
153 Duane Street
See Similar DealsRetail2,100 SF
Sold
+ 3
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$1285
Total Square Footage:2100 SF
Transaction Type:Sale
This transaction involved a retail property located at 153 Duane Street, also known as 130 West Broadway, situated in the Tribeca market. The asset was sold for a total of $2,700,000, covering a square footage of 2,100, which equates to a price per square foot of $1,285.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $2,700,000
- Buyer: Gabriel Weiser
- Seller: ASG Equities
- Brokers: Jack Khaski, Albert Manopla, Barry Fishbach, Freddy Souid, George Skaliarinis & Mark Gallucci - KSR
The deal was facilitated by several brokers from KSR, including Jack Khaski, Albert Manopla, Barry Fishbach, Freddy Souid, George Skaliarinis, and Mark Gallucci, who represented the involved parties in this transaction.
Players
BROKERAGE
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53
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