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120 Fulton Street

Yaniv Garbo Of GAC Equities Acquires Mixed-use Property At 120 Fulton Street For $4.3M
SOLDMixed-use

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

Richard Velotta

Raven Property Advisors

Broker

$409M

vol

30 deals

Broker
Raven Property Advisors
Raven Property AdvisorsBrokerage

Yaniv Garbo

GAC Equities

Buyer

$22.3M

vol

8 deals

Buyer

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