Updated Oct 26, 2026
106-110 East 31 St, New York, Ny 10016
106-110 East 31 St, New York, Ny 10016
$15,650,000
$2,773/SF
Building Size
5,643 SF
Asset Type
Development Site
Closing
Oct 9, 2026
About this deal
AI
The property involved in the transaction is located at 106-110 East 31 Street in the Nomad market. It is categorized as a development site with a sale price of $15,650,000. The building offers 37,914 BSF at a rate of $412 per BSF. It features a total of 5,643 square feet, priced at $2,773 per square foot.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $15,650,000
- Address: 106-110 East 31 Street
- Market: Nomad
- BSF: 37,914
- PPBSF: $412
- SF: 5,643
- PPSF: $2,773
- Buyer: Yevgeniy Kandkhorov & Aleksand Nade
- Seller: Thomas Patel
- Buyer's Representative: Yevgeniy Kandkhorov - 1 Meridian Realty
In this transaction, Yevgeniy Kandkhorov acts as the buyer's representative from 1 Meridian Realty, facilitating the acquisition process alongside the buyer Aleksand Nade. The seller, Thomas Patel, managed the disposition of the property.
On the Map
$15,650,000
$2,773/SF
Development Site
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Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93