Hezi Salman Acquires Retail Property On Kings Highway In New York City For $1.65M
SOLD
$1,650,000
New York
See Similar DealsRetail4,500 SF
Sold 12/29/2022
SOLD
Hezi Salman Acquires Retail Property On Kings Highway In New York City For $1.65M
1813 Kings Highway
See Similar DealsRetail4,500 SF
Sold 12/29/2022
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$366
Total Square Footage:4,500 SF
Transaction Type:Sale
The retail property located at 1813 Kings Highway in New York City has been sold for a total price of $1,650,000. The property spans an area of 4,500 square feet, resulting in a price per square foot of $367. The transaction took place on 12/29/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,650,000
- Square Footage: 4,500
- Price Per Square Foot: $367
- Market: New York City
The buyer of the property is Hezi Salman. The deal was facilitated by Haritini Pandis from Compass brokerage.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
Is there something missing? Send suggestions