FCA Acquires Property In Greenlawn For $420,000 With Buyer's Representative Gary Pezza
66 Broadway Greenlawn, Greenlawn...
$420,000
$200/SF
Building Size
2,100 SF
Asset Type
Retail
Closing
Nov 20, 2023
AI
The property located at 66 Broadway Greenlawn, Greenlawn is a commercial asset, featuring a total square footage of 2100. The transaction for this property was finalized at a price of $420,000.00, indicating its market evaluation within the Greenlawn area.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $420,000.00
- Address: 66 Broadway Greenlawn, Greenlawn
- Market: Greenlawn
- Buyer: FCA
- Seller: Double Six Realty
- Buyer's Representative: Gary Pezza-Cushman & Wakefield
- Square Footage: 2100
Gary Pezza from Cushman & Wakefield represented the buyer, FCA, in this transaction, facilitating the deal between FCA and the seller, Double Six Realty. This representation underscores the brokerage's involvement in the market activities associated with the property.
Players
Greenlawn 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
37.77%
Cash-on-Cash
-10.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93