Carlos Suarez Of Rosemary's Acquires Retail Space At 18 Greenwich Avenue For $9.25M
18 Greenwich Avenue
$9,250,000
$2,141/SF
Building Size
4,320 SF
Asset Type
Retail
Closing
Feb 14, 2025
About this deal
AI
The retail property located at 18 Greenwich Avenue in the West Village market was sold for $9,250,000. The asset comprises 4,320 square feet, resulting in a price per square foot of $2,141.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,250,000
- Square Footage: 4,320
- Price Per Square Foot: $2,141
- Buyer: Carlos Suarez - Rosemary's
- Seller: Duell Management
- Seller's Representatives: Daniel Kaplan & Justin Arzi - CBRE
- Transaction Date: 02/14/2025
Key individuals involved in this transaction include the buyer, Carlos Suarez, who represents Rosemary's, and the seller's representatives, Daniel Kaplan and Justin Arzi from CBRE. Their collaboration facilitated the negotiation and finalization of the sale.
On the Map
$9,250,000
$2,141/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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93