Khalid Innab Acquires Retail Condo In Harlem, Manhattan For $4.89M
300 West 122nd Street New York, New York 10027, USA
$4,890,000
$278/SF
Building Size
17,553 SF
Asset Type
Retail
Closing
Jun 27, 2023
About this deal
AI
A retail condo located at 300 West 122nd Street in Harlem, Manhattan was recently sold for $4,890,000. The property spans 17,553 square feet, resulting in a price per square foot of $279.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,890,000
- Address: 300 West 122nd Street, Harlem, Manhattan
- Market: Harlem, Manhattan
Khalid Innab purchased the retail condo from Bespoke Harlem West LLC. The seller, Bespoke Harlem West LLC, was represented by Levi Balkany.
The retail sale at 300 West 122nd Street New York, New York 10027, USA in New York, New York sold for $4.9M in 2023. The building is 17,553 square feet, implying about 278 per square foot on the published price. This page is the New York, New York file for the 300 West 122nd Street New York, New York 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 300 West 122nd Street New York, New York 10027, USA around 2023. Published consideration for 300 West 122nd Street New York, New York 10027, USA is $4.9M, dated 2023. Cite this Khalid Innab Acquires Retail Condo In Harlem, Manhattan For $4.89M sale when underwriting similar retail product around New York, New York.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $278 per square foot on a published $4.9M for 17,553 square feet (2023).
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93