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114 1st Avenue

Updated Aug 31, 2026

Alon Eden Acquires Mixed-Use Property At 114 East 1st Street For $7.3M With Birchwood Management
SOLDMixed-use

Alon Eden Acquires Mixed-Use Property At 114 East 1st Street For $7.3M With Birchwood Management

114 1st Avenue

$7,300,000

$1,352/SF

Building Size

5,397 SF

Asset Type

Mixed-use

Closing

Aug 13, 2026

About this deal

AI

The property asset involved in this transaction is a mixed-use building located at 114 East 1st Street in the East Village market. The sale price was $7,300,000, with a total square footage of 17,610, resulting in a price per square foot of $415.

Summary of transaction details:

In this transaction, the key individuals involved include Alon Eden as the buyer and Birchwood Management serving as the seller. The brokers representing the deal from Rosewood Realty Group are Aaron Jungreis, Ben Khakshoor, and Alex Fuchs.

On the Map

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$7,300,000

$1,352/SF

Mixed-use

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Players

Aaron Jungreis

Rosewood Realty Group

Broker

$4.6B

vol

218 deals

Broker

Alon Eden

Individual Investor

Buyer

$7.3M

vol

1 deal

Buyer
Birchwood Management
Birchwood ManagementSeller
Bilt advertisement

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $7.3M for 5,397 square feet (2026).

Visit Alex Fuchs to view all their deals.

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.17%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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