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89-105 Canal Street

Cushman & Wakefield Brokers Sale Of Mixed-Use Property At 89-105 Canal Street For $25.13M
SOLDMixed-use

Cushman & Wakefield Brokers Sale Of Mixed-Use Property At 89-105 Canal Street For $25.13M

89-105 Canal Street

$25,125,000

$574/SF

Building Size

43,740 SF

Asset Type

Mixed-use

Closing

Mar 22, 2026

AI

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.

Players

Bryan Hurley

Cushman & Wakefield

Broker

$428.3M

vol

42 deals

Broker

Aberdeen Proving Ground Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93