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109 East 29th Street

Kings Capital Sells Mixed-Use Property At 109 East 29th Street For $7.615M With Avison Young
SOLDMixed-use

Kings Capital Sells Mixed-Use Property At 109 East 29th Street For $7.615M With Avison Young

109 East 29th Street

$7,615,000

$1,322/SF

Building Size

5,760 SF

Asset Type

Mixed-use

Closing

Oct 29, 2025

AI

The mixed-use asset located at 109 East 29th Street in the NoMad market was sold for $7,615,000. The property encompasses a total area of 5,760 square feet, translating to a price per square foot of $1,322.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,615,000
  • Address: 109 East 29th Street
  • Market: NoMad
  • Square Footage: 5,760
  • Price per Square Foot: $1,322
  • Seller: Jeff Znaty, George Giannopoulos & Tommy Giannopoulos - Kings Capital
  • Brokers: Brandon Polakoff, Ryan McGuirl & Noah Kossoff - Avison Young

Kings Capital, represented by Jeff Znaty, George Giannopoulos & Tommy Giannopoulos, previously acquired the asset for $3.4 million in 2023. The transaction was facilitated by brokers Brandon Polakoff, Ryan McGuirl, and Noah Kossoff of Avison Young.

Players

Noah Kossoff

Avison Young

Broker

$385.1M

vol

35 deals

Broker
Kings Capital
Kings CapitalSeller

New York 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

2.08%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93