SMA Equities Sells Mixed-Use Property At 143 Ludlow Street For $16.39M With JLL Representatives
143 Ludlow Street
$16,388,000
$1,200/SF
Building Size
13,650 SF
Asset Type
Mixed-use
Closing
Aug 27, 2026
About this deal
AI
The property asset involved in this transaction is a mixed-use building located at 143 Ludlow Street in the Lower East Side of Manhattan. The sale was completed for a price of $16,388,000, comprising a total of 23 units. The building has a square footage of 13,650, leading to a price per unit of $712,521 and a price per square foot of $1,200.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $16,388,000
- Number of Units: 23
- Price per Unit: $712,521
- Square Footage: 13,650
- Price per Square Foot: $1,200
- Seller: SMA Equities - Samy Mahfar
- Seller's Representative: Guthrie Garvin, Conrad Martin & Logan Boenning - JLL
- Transaction Date: 08/27/2026
The key individuals involved in the deal include Samy Mahfar representing the seller, SMA Equities, while the seller's representatives from JLL are Guthrie Garvin, Conrad Martin, and Logan Boenning. Their involvement played a critical role in facilitating the sale of this property in a notable market area.
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
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93