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363 Greenwich Street, New Y...

Antonio Gomez Acquires Retail Property In Tribeca For $3M With Lee & Associates
SOLDRetail

Antonio Gomez Acquires Retail Property In Tribeca For $3M With Lee & Associates

363 Greenwich Street, New York City, New York 10013, United States

$3,000,000

$1,488/SF

Building Size

2,015 SF

Asset Type

Retail

Closing

Apr 28, 2022

AI

Located in the prestigious Tribeca neighborhood, this retail property at 363 Greenwich St. recently changed hands in a closed transaction. The property spans 2,015 square feet and was sold for a total price of $3,000,000, resulting in a price per square foot of $1,488.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 363 Greenwich St.
  • Market: Tribeca

The buyer of this retail space is Antonio Gomez. The seller, Regal Acquisitions, was represented by Alex Smith, Joey Cohen, Sean Dainese, and David Lawrence. The transaction was facilitated by brokers Jonathan Braun, Chris Varjan, George Steffani, and Kjersten Angell from Lee & Associates.

Players

Chris Varjan

Lee & Associates

Broker

$469.3M

vol

29 deals

Broker

Antonio Gomez

Buyer

$3M

vol

2 deals

Buyer
Joey Cohen

Joey Cohen

Regal Acquisitions

Seller

$148.6M

vol

11 deals

Seller
RA
Regal AcquisitionsSeller

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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93