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Equitas Capital Group Finances $1M Retail Condo Sale In Hamilton Heights

721 Street Nicholas Avenue
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This property located in NY was sold for $1,000,000 almost 3 years ago. The brokers of the deal were Alix Curtin, Alex Leykind, and Brian Whelan

A retail condo located at 721 St. Nicholas Ave. in Hamilton Heights was recently sold for $1,000,000. The property spans 2,000 square feet with a price per square foot of $500. This retail condo transaction took place on 05/06/2021.

Summary of transation details

  • Property Type: Retail Condo
  • Transaction Amount: $1,000,000
  • Square Footage: 2,000
  • Price per Square Foot: $500
  • Address: 721 St. Nicholas Ave.
  • Market: Hamilton Heights

Alex Leykind from Equitas Capital Group, Rebecca Goldberg from Douglas Elliman, and Brian Whelan and Alix Curtin from B6 Real Estate were the brokers involved in this sale. Equitas Capital Group is a firm known for its commitment to delivering the highest level of service, integrity, and creativity in the industry.

The loan terms for this transaction include a loan amount of $800,000, a 10-year fixed term, a 25-year amortization period, a 3.75% interest rate, and a prepayment structure with stepdown provisions.

For financing or refinancing commercial properties and developments, you can contact Equitas Capital Group at 646-637-7510.

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  • Location
    721 St Nicholas Ave, Manhattan, New York, NY, USA721 St Nicholas Ave, Manhattan, New York, NY, USA
  • Sale Price
    $1,000,000$1,000,000
    $500 PPSF$500 PPSF
  • Area
    2,000 SF2,000 SF
  • Parties
    3 Brokers, 3 Agencies3 Brokers, 3 Agencies

Agents

Brian Whelan

Brian Whelan

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Alex Leykind

Alex Leykind

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Financed$411.4M

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Ariel Property Advisors

Ariel Property Advisors

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Equitas Capital Group

Equitas Capital Group

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B6 Real Estate Advisors

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Volume$2.3B

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Deal Summary

SALE IMAGE: Alix Curtin, Alex Leykind, Rebecca Goldberg & Brian Whelan DATE: 05/06/2021 ADDRESS: 721 St. Nicholas Ave. MARKET: Hamilton Heights ASSET TYPE: Retail Condo BROKERS: Alex Leykind (@AlexLeykind1) @EquitasCapitalGroup; Rebecca Goldberg (@rebeccagoldbergrealtor) @DouglasElliman; Brian Whelan (@bm_whelan) & Alix Curtin (@acurtin35) @B6RealEstate SALE PRICE: $1,000,000 SF: 2,000 ~ PPSF: $500 LOAN TERMS: Loan Amount: $800,000 Term: 10-Year Fixed, Amortization: 25 Years, Rate: 3.75%, PrePayment: Stepdown NOTE FROM @EquitasCapitalGroup: At Equitas Capital Group we are committed to delivering the highest level of service, and conduct ourselves with integrity and creativity. We advocate on behalf of our clients and represented lenders with an unparalleled commitment to excellence in the industry for its integrity, creativity, and advocacy on behalf of its clients. Please reach out to us to see how we can help finance or refinance your next Commercial Property and or Development. 646-637-7510

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721 Street Nicholas Avenue

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