Avison Young Brokers Sell Retail Property On Bleecker Street In New York City For $4.5M
SOLD
$4,500,000
+ 2
New York
See Similar DealsRetail964 SF
Sold 05/31/2023
SOLD
Avison Young Brokers Sell Retail Property On Bleecker Street In New York City For $4.5M
407 Bleecker St New York, NY 10014, USA
See Similar DealsRetail964 SF
Sold 05/31/2023
+ 2
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$4,668
Total Square Footage:964 SF
Transaction Type:Sale
The retail property at 407 Bleecker Street in New York City has been sold for $4,500,000. The property covers a total area of 964 square feet, resulting in a price per square foot of $4,668.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,500,000
- Address: 407 Bleecker Street, New York City
- Market: New York City
- Seller: Elliott Chehebar
- Brokers: Brent Glodowski, David Shalom, Kate Kabili, James Nelson - Avison Young
The deal was facilitated by Avison Young, with Brent Glodowski, David Shalom, Kate Kabili, and James Nelson serving as the brokers representing the buyer, seller, landlord, and tenant in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
Is there something missing? Send suggestions