SOLDRetail
Jordan Sutton Of Cushman & Wakefield Brokers $6.3M Retail Sale In South Harlem
250 West 125th Street
$6,300,000
$2,625/SF
Building Size
2,400 SF
Asset Type
Retail
Closing
May 17, 2024
AI
The retail property located at 250 West 125th Street in South Harlem, Manhattan was sold for $6,300,000. The property spans 2,400 square feet with a price per square foot of $2,625.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,300,000
- Address: 250 West 125th Street
- Market: South Harlem, Manhattan
- Seller: Steven Feldman - Rockfeld Group
- Broker: Jordan Sutton - Cushman & Wakefield
- SF: 2,400
- PPSF: $2,625
The sale was facilitated by Jordan Sutton of Cushman & Wakefield representing Steven Feldman of Rockfeld Group during the transaction dated May 17, 2024.
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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93