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99 Stanton Street

Jin Sup An Acquires Retail Property On Stanton Street In New York City
SOLDRetail

Jin Sup An Acquires Retail Property On Stanton Street In New York City

99 Stanton Street

$5,000,000

$1,010/SF

Building Size

4,950 SF

Asset Type

Retail

Closing

Feb 27, 2023

AI

The retail property located at 99 Stanton Street in New York City has been sold for a total amount of $5,000,000. This property spans across 4,950 square feet, resulting in a price per square foot of $1,010. The transaction took place on 02/27/2023, with the buyer being Jin Sup An and the seller being Josef Ohayon.

Summary of transaction details

The deal was facilitated by the brokers Jonathan Buerger, Stephen Dadourian, and Matthew Gavin from B6 Real Estate Advisors. They represented the respective parties involved in the transaction, aiding in the successful completion of the sale.

Players

Stephen Dadourian

B6 Real Estate Advisors

Broker

$80.8M

vol

10 deals

Broker

Market 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

3.17%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93