facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Sale

/

391 Canal Street

Zdislav David Sells Retail Asset At 391 Canal Street Soho Manhattan For $3M With Nina Sabag
SOLDRetail

Zdislav David Sells Retail Asset At 391 Canal Street Soho Manhattan For $3M With Nina Sabag

391 Canal Street

$3,000,000

$1,805/SF

Building Size

1,662 SF

Asset Type

Retail

Closing

Sep 10, 2024

AI

The property asset involved in this transaction is a retail space located at 391 Canal Street in Soho, Manhattan. The sale price of the asset was $3,000,000, with a total square footage of 1,662. The price per square foot amounts to $1,805.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Address: 391 Canal Street
  • Market: Soho, Manhattan
  • Seller: Zdislav David
  • Broker: Nina Sabag - 5 Boro Realty
  • SF: 1,662
  • PPSF: $1,805
  • Date of Transaction: 09/10/2024

This transaction was facilitated by Nina Sabag, who represented the seller, Zdislav David, in the deal. The brokerage firm involved in this transaction is 5 Boro Realty, indicating the professional network supporting the sale process in the retail market sector.

Players

Nina Sabag

5 Boro Realty

Broker

$40.3M

vol

22 deals

Broker

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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