Exodus Capital Represents Seller Paul Ujlaky In $2.1M Lower East Side Retail Sale
157 Ludlow Street
$2,100,000
$1,112/SF
Building Size
1,888 SF
Asset Type
Retail
Closing
Oct 31, 2023
About this deal
AI
The property involved in this transaction is a retail space located at 157 Ludlow Street in the Lower East Side of Manhattan. The property spans 1,888 square feet and was sold for a price of $2,100,000, resulting in a price per square foot of $1,112.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,100,000
- Address: 157 Ludlow Street
- Market: Lower East Side, Manhattan
In this sale, the seller of the property was Paul Ujlaky. The transaction was facilitated by Haley Hasho, Justin Conway, and Jared Gootnick from Exodus Capital acting as brokers representing the seller.
On the Map
$2,100,000
$1,112/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93