Nadav Hamo Acquires Retail Property In Lenox Hill, Manhattan From Gary Katz For $5.75M
418 East 75th Street, New York City, New York 10021, United States
$5,750,000
$821/SF
Building Size
6,996 SF
Asset Type
Retail
Closing
Apr 18, 2022
About this deal
AI
The retail property located at 418 East 75th Street in Lenox Hill, Manhattan has been sold for the price of $5,750,000. The asset spans across 6,996 square feet, resulting in a price per square foot of $821. The lot size measures 3,831 square feet with dimensions of 37.50 ft x 102.17 ft.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,750,000
- Market: Lenox Hill, Manhattan
- Zoning: R8B
- Square Footage: 6,996
- Price per Square Foot: $821
- Lot Size: 3,831 square feet
- Lot Dimension: 37.50 ft x 102.17 ft
The buyer in this transaction is Nadav Hamo, and the seller is Gary Katz.
On the Map
$5,750,000
$821/SF
Retail
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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
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93