Yaniv Garbo Of GAC Equities Acquires Mixed-use Property At 120 Fulton Street For $4.3M
120 Fulton Street
$4,300,000
$551/SF
Building Size
7,800 SF
Asset Type
Mixed-use
Closing
Nov 13, 2025
AI
This mixed-use asset, located at 120 Fulton Street in the Financial District of Manhattan, was sold for $4,300,000. The property encompasses a total area of 7,800 square feet, with a price per square foot of $551.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,300,000
- Address: 120 Fulton Street
- Market: Financial District, Manhattan
- Square Footage: 7,800
- Price Per Square Foot: $551
- Buyer: Yaniv Garbo - GAC Equities
- Brokers: Richard Velotta, Daniel Handweiler & Sam Perry - Raven Property Advisors
The individuals involved in this transaction include buyer Yaniv Garbo representing GAC Equities, and brokers Richard Velotta, Daniel Handweiler, and Sam Perry from Raven Property Advisors, who facilitated the deal.
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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93