431 Broome Street|Sales|08/22/2006 | TRD Research
Deal sheet    Single Deal
431 Broome Street|Sales|08/22/2006
  • Event Sales
  • Address 431 Broome Street
  • Square feet 5,364
  • Price $ 4,900,000
  • Price per foot $ 913.50
  • Borough Manhattan
  • Neighborhood Soho
  • Publication Date 10/01/2006
notes
The building sold for $4.9 million, which represents a capitalization rate of 3.3, a gross rent multiple of 24.3 and a per square foot price of $914. The property includes ground floor retail and three floors of residential space; it is zoned for an additional 7,461 square feet of air rights.