Jacobov Brothers Acquire Garage At 148 East 24th Street Kips Bay For $800,000
148 East 24th Street
$800,000
$39/SF
Building Size
20,384 SF
Asset Type
Garage
Closing
Oct 16, 2026
About this deal
AI
The property asset involved in this transaction is a garage located at 148 East 24th Street in the Kips Bay neighborhood of Manhattan. It was sold for $800,000 and has a total square footage of 20,384. The price per square foot for this transaction was $39. The garage consists of 61 transient automated parking spaces.
Summary of transaction details:
- Property Type: Garage
- Transaction Amount: $800,000
- Sales Date: 10/16/2026
- Square Footage: 20,384
- Price per Square Foot: $39
- Buyer: Jacobov Brothers - Netanel & Eric Jacobov
- Broker: Roni Yaghoobzar - Safdie Realty Group
Roni Yaghoobzar represented the Safdie Realty Group in this successful off-market disposition. The transaction was completed rapidly, with an accepted offer secured in less than two weeks, leading to a 15-day Time is of the Essence closing.
On the Map
$800,000
$39/SF
Garage
View full map
Players
New York Garage Market Snapshot
Boundary boundary · Garage · Sale transactions
Loading comparables…
Deal FAQ
Visit Roni Yaghoobzar to view all their deals.
Browse New York garage sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93