Regal Acquisitions Acquires Retail Space In TriBeCa For $1.9M
363 Greenwich St, New York, NY 10013, USA
$1,900,000
$942/SF
Building Size
2,015 SF
Asset Type
Retail
Closing
Nov 2, 2020
AI
A retail property located at 363 Greenwich Street in TriBeCa has been sold for $1,900,000. The property spans 2,015 square feet, resulting in a price per square foot of $942.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,900,000
- Address: 363 Greenwich Street
- Market: TriBeCa
- Square Footage: 2,015
- Price Per Square Foot: $942
Regal Acquisitions, represented by Joey Cohen and Alex Smith, purchased the property from Emilie Aebi. Maurice Suede and Daniel Soyak of CushWake acted as the brokers 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93