JJ Operating Acquires Retail Property In Manhattan For $107.25M
SOLD
New York
See Similar DealsRetail39,500 SF
Sold 08/17/2017
SOLD
JJ Operating Acquires Retail Property In Manhattan For $107.25M
258 8th Ave, New York, NY 10011, USA
See Similar DealsRetail39,500 SF
Sold 08/17/2017
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:39,500 SF
Transaction Type:Sale
The retail property located at 258 8th Avenue in New York City, in the market of Manhattan, was sold for a total price of $107,250,000. The property was sold by John Q Aymar Corporation to JJ Operating, represented by Sam Jemal. The transaction was facilitated by Eastdil Secured.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $107,250,000
- Address: 258 8th Avenue, New York
- Market: Manhattan
The deal involved the participation of seller John Q Aymar Corporation, who successfully sold the retail property to JJ Operating. The buyer in this transaction is represented by Sam Jemal. The brokerage company that facilitated the deal was Eastdil Secured. The details of this closed transaction do not include any additional information.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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Annual Debt Service$0.00
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