218 Lenox Avenue LLC Acquires Retail Property In Manhattan For $3.55M
26 W 121st St, New York, NY 10027, USA
Building Size
—
Asset Type
Retail
Closing
Aug 16, 2017
About this deal
AI
A retail property located at 26 W 121st Street in Manhattan, New York, has been sold. The transaction took place on 08/17/2017. The property was sold for a price of $3,550,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,550,000
- Seller: @bcbpropertymanagement
- Buyer: 218 Lenox Avenue LLC
- Broker: @besengroup
The buyer, 218 Lenox Avenue LLC, acquired the property from the seller, @bcbpropertymanagement. The transaction was facilitated by the broker, @besengroup.
Traded’s record for 26 W 121st St, New York, NY 10027, USA in New York, New York covers a retail sale from 2017. 26 W 121st St, New York, NY 10027, USA is classified as Retail on Traded. This page is the New York, New York file for the 26 W 121st St, New York, NY 10027, USA retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 26 W 121st St, New York, NY 10027, USA around 2017. Cite this 218 Lenox Avenue LLC Acquires Retail Property In Manhattan For $3.55M sale when underwriting similar retail product around New York, New York.
On the Map
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93