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
About this deal
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
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