SOLDRetail
Meadow Partners Acquires Soho Retail Condo On 542 Broadway For $10.9M
542 Broadway, Dobbs Ferry, NY 10522, USA
$10,894,882
$158/SF
Building Size
68,580 SF
Asset Type
Retail
Closing
Jun 10, 2020
AI
A retail condo located at 542 Broadway in the Soho market has been sold for a total price of $10,894,882. The property spans 6,858 square feet, with a price per square foot of $1,588.
Summary of transaction details:
- Property Type: Retail condo
- Transaction Amount: $10,894,882
The seller of the property was 60 Guilders, represented by Kevin Chisholm & Bastien Broda. The buyer in this transaction is Meadow Partners.
Players
Dobbs Ferry 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
1.46%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93