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Jason Halpen Purchases Mixed-Use Property At 113 East 12th Street For $4.75M From Maurice Kaufman
SOLD
$4,750,000
New York
See Similar DealsMixed-use3,700 SF
Sold 05/28/2026
SOLD
Jason Halpen Purchases Mixed-Use Property At 113 East 12th Street For $4.75M From Maurice Kaufman
113 East 12th Street
See Similar DealsMixed-use3,700 SF
Sold 05/28/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,283
Total Square Footage:3,700 SF
Transaction Type:Sale
113 East 12th Street is a mixed-use property located in Manhattan's East Village, encompassing a total area of 3,700 square feet. The property was sold for $4,750,000, resulting in a price per square foot of $1,284. The transaction date was May 28, 2026.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,750,000
- Buyer: Jason Halpen
- Seller: Maurice Kaufman
- Square Footage: 3,700
- Price per Square Foot: $1,284
- Market: East Village, Manhattan
- Sale Date: May 28, 2026
Jason Halpen acted as the buyer in this transaction, acquiring the property from Maurice Kaufman, who served as the seller. The nature of this deal marks a significant transfer of ownership within the local real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$253,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,875.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,517.42
Annual Debt Service$270,209.08
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