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95 Fulton Street, New York ...

A Retail Property On 95 Fulton St. In Nassau County Sold For $11.3M
SOLDRetail

A Retail Property On 95 Fulton St. In Nassau County Sold For $11.3M

95 Fulton Street, New York City, New York 10038, United States

$11,300,000

$351/SF

Building Size

32,150 SF

Asset Type

Retail

Closing

Apr 28, 2022

AI

The retail asset located at 95 Fulton St., Nassau County, has been sold for $11,300,000. The property spans 32,150 square feet, resulting in a price per square foot of $351.

Summary of transaction details:

This transaction highlights the involvement of brokers Michael Florey and Melissa Naeder from Cushman & Wakefield, who represented the seller, Denis Rodger, in the closing of this retail property deal.

Players

Michael Florey

Cushman & Wakefield

Broker

$16.2M

vol

4 deals

Broker

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

1.40%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93