SOLDMixed-use
Jason Halpen Purchases Mixed-Use Property At 113 East 12th Street For $4.75M From Maurice Kaufman
113 East 12th Street
$4,750,000
$1,283/SF
Building Size
3,700 SF
Asset Type
Mixed-use
Closing
May 28, 2026
AI
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.
Players
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
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93