Jonathan Bednarsh Sells Retail Property On Bleecker Street In New York City For $3.6M With Broker Matthew Marshall
371-373 Bleecker Street
$3,600,000
$2,779/SF
Building Size
1,295 SF
Asset Type
Retail
Closing
Apr 18, 2023
About this deal
AI
The retail property located at 371-373 Bleecker Street in New York City has been sold for a total price of $3,600,000. The property has a total square footage of 1,295, resulting in a price per square foot of $2,780. The transaction took place on 04/18/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,600,000
- Square Footage: 1,295
- Price Per Square Foot: $2,780
- Address: 371-373 Bleecker Street, New York City
- Market: New York City
The seller of the property was Jonathan Bednarsh. The transaction was facilitated by Matthew Marshall from MRE NYC.
Market 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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93