Skyline Properties Sells Retail Property In Tribeca For $5M With Brokers Daniel Shirazi & Robert Khodadadian
157-163 Chambers Street
$5,000,000
$983/SF
Building Size
5,084 SF
Asset Type
Retail
Closing
Nov 29, 2023
About this deal
AI
The retail property at 157-163 Chambers Street in Tribeca has been sold for $5,000,000. The property spans a total of 5,084 square feet, resulting in a price per square foot of $983.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,000,000
- Date: 11/29/2023
- Address: 157-163 Chambers Street, Tribeca
- Square Footage: 5,084
- Price per Square Foot: $983
The seller of the property was Robert Kaliner. The deal was facilitated by Daniel Shirazi and Robert Khodadadian of Skyline Properties.
The retail sale at 157-163 Chambers Street in New York, New York sold for $5M in 2023. The building is 5,084 square feet, implying about 983 per square foot on the published price. Robert Khodadadian, Daniel Shirazi, Skyline Properties appear on the sale alongside Skyline Properties. This page is the New York, New York file for the 157-163 Chambers Street retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 157-163 Chambers Street around 2023. Published consideration for 157-163 Chambers Street is $5M, dated 2023. Cite this Skyline Properties Sells Retail Property In Tribeca For $5M With Brokers Daniel Shirazi & Robert Khodadadian sale when underwriting similar retail product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93