Ethan Cohen Acquires Retail Property In New York For $3.35M With Broker Matthew Marshall
225 W 17th St
$3,350,000
$777/SF
Building Size
4,307 SF
Asset Type
Retail
Closing
Dec 16, 2022
AI
The retail property located at 225 W 17th St in New York was recently sold for $3,350,000. The property spans an area of 4,307 square feet, resulting in a price per square foot of $778. The transaction took place on December 16, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,350,000
- Square Footage: 4,307
- Price per Square Foot: $778
- Address: 225 W 17th St, New York
- Market: New York
Ethan Cohen was the buyer in this transaction, while Michael Shah, Angelo Cosentini, and Jeff Harmatz were the sellers. Matthew Marshall from Marshall Real Estate, LLC represented both the buyer and seller as the broker in the deal.
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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93