Hyun Jun An Purchases Mixed-Use Property From David Shorenstein In TriBeCa For $6.6M
135 Reade Street
$6,600,000
$1,386/SF
Building Size
4,761 SF
Asset Type
Mixed-use
Closing
Mar 11, 2026
AI
A mixed-use property located at 135 Reade Street in TriBeCa was sold for $6.6 million. The property spans 4,761 square feet, resulting in a price per square foot of $1,386. The transaction took place on March 11, 2026.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,600,000
- Address: 135 Reade Street
- Market: TriBeCa, Manhattan
- Square Feet: 4,761
- Price per Square Foot: $1,386
- Buyer: Hyun Jun An
- Seller: David Shorenstein - Hildreth Real Estate Advisors
David Shorenstein of Hildreth Real Estate Advisors was the seller in this transaction, representing his own commercial interests. Hyun Jun An is identified as the buyer in the deal.
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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93