Updated Sep 11, 2026
Alan Maleh Acquires Commercial Asset In Financial District For $13.5M
$12,700,000
$282/SF
Building Size
45,000 SF
Asset Type
Commercial
Closing
Sep 3, 2026
About this deal
AI
The transaction involved a commercial asset located in the Financial District. The property was sold for $13,500,000, encompassing a total area of 50,000 square feet, resulting in a price per square foot of $270.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $13,500,000
- Square Footage: 50,000
- Price per Square Foot: $270
- Market: Financial District
- Buyer: Alan Maleh
Alan Maleh acted as the buyer in this transaction, acquiring the property as a significant investment within the competitive Financial District market.
Players
Market Commercial Market Snapshot
Boundary boundary · Commercial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93