Deal sheet    Single Deal
219 Grand Street|Sales|11/22/2006
  • Event Sales
  • Building Name 219-221 Grand Street
  • Address 219 Grand Street
  • Square feet 10,405
  • Price $ 6,200,000
  • Price per foot $ 595.87
  • Borough Manhattan
  • Neighborhood Little Italy
  • Publication Date 01/01/2007
notes
The walk-up building sold for $6.2 million, which represents a capitalization rate of 5.0, a gross rent multiple of 15.6 and a per square foot price of $596. It is currently houses two stores and seven vacant apartments, of which two are rent controlled and three are rent stabilized.
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