Rubies Costume Company Acquires Retail Property On Broadway For $24.6M
806 Broadway, New York, NY 10003, USA
Building Size
21,633 SF
Asset Type
Retail
Closing
Jul 16, 2017
About this deal
AI
The retail property located at 806-808 Broadway in New York City has been sold in a closed transaction. The property is situated in the Manhattan market and consists of retail space.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $24,616,666
- Address: 806-808 Broadway
- Market: Manhattan
The seller of the property was SPI Holdings, while the buyer was Rubies Costume Company.
Traded’s record for 806 Broadway, New York, NY 10003, USA in New York, New York covers a retail sale from 2017. The building is 21,633 square feet, implying about 0 per square foot on the published price. This page is the New York, New York file for the 806 Broadway, New York, NY 10003, USA retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 806 Broadway, New York, NY 10003, USA around 2017. Cite this Rubies Costume Company Acquires Retail Property On Broadway For $24.6M sale when underwriting similar retail product around New York, New York.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93