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157 Ludlow Street

Exodus Capital Represents Seller Paul Ujlaky In $2.1M Lower East Side Retail Sale
SOLDRetail

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

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.

Players

Haley Hasho

Exodus Capital

Broker

$378.2M

vol

47 deals

Broker

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