facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Retail

/

Sale

/

1530 3rd Avenue, New York C...

Updated Dec 21, 2023

Lisa M Haines Acquires Retail Property In Carnegie Hill, Manhattan For $21M
SOLDRetail

Lisa M Haines Acquires Retail Property In Carnegie Hill, Manhattan For $21M

1530 3rd Avenue, New York City, New York 10028, United States

$21,000,000

$4,200/SF

Building Size

5,000 SF

Asset Type

Retail

Closing

Nov 29, 2021

About this deal

AI

The retail property located at 1530 3 Avenue in Carnegie Hill, Manhattan has been sold in a recent transaction. The property sits on a lot size of 5,000 square feet with dimensions of 50 ft x 100 ft. The zoning designation for the property is C2-8A, allowing for a variety of commercial uses. The transaction took place on November 30, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $21,000,000
  • Building Square Footage: 50,000
  • Price per Square Foot: $420
  • Lot Size: 5,000
  • Last Sale Price: $0 (3/18/1988)

The buyer of the property is Lisa M Haines, while the seller is Jerrold G Levy. The property has a floor area ratio (FAR) of 1.00 and is classified under tax class 4. The price per square foot for the property is $4,200, and the sale price of $21,000,000 reflects the overall value of the transaction.

Players

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Deal FAQ

About $4.2K per square foot on a published $21M for 5,000 square feet (2021).

Browse New York retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.76%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets