Cushman & Wakefield Brokers Sale Of Mixed-Use Property At 89-105 Canal Street For $25.13M
SOLD
$25,125,000
Maryland
See Similar DealsMixed-use43,740 SF
Sold 03/23/2026
SOLD
Cushman & Wakefield Brokers Sale Of Mixed-Use Property At 89-105 Canal Street For $25.13M
89-105 Canal Street
See Similar DealsMixed-use43,740 SF
Sold 03/23/2026
Summary
MARYLAND
Asset Type:Mixed-use
Price Per Square Foot:$574
Total Square Footage:43,740 SF
Transaction Type:Sale
The mixed-use property located at 89-105 Canal Street in Chinatown has been sold for a total of $25,125,000. This asset spans approximately 43,740 square feet, resulting in a price per square foot of $574.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $25,125,000
- Address: 89-105 Canal Street
- Market: Chinatown
- Square Footage: 43,740
- Price per Square Foot: $574
The transaction was facilitated by the brokerage team of Michael Decheser, Frank Liantonio, and Bryan Hurley from Cushman & Wakefield, who played a significant role in the successful closing of this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,339,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$89,263.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$119,105.32
Annual Debt Service$1,429,263.82
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