Dr. Thierry Mesana Purchases Mixed-Use Property From Dylan Hixon For $4.495M In West Village
15 8th Avenue
$4,495,000
$1,880/SF
Building Size
2,390 SF
Asset Type
Mixed-use
Closing
Dec 17, 2025
AI
This transaction involved a mixed-use asset located at 15 8th Avenue, in the West Village, Manhattan. The property was sold for $4,495,000, encompassing two units with a price per unit of $2,247,500. The total square footage of the building is 2,390, resulting in a price per square foot of $1,880. The asset includes a commercial space on the ground floor, leased long-term to Barachou, and a residential owner's duplex on the upper floors, which was delivered vacant at closing.
Summary of transaction details:
- Property Type: Mixed-use (1 Commercial & 1 Residential)
- Transaction Amount: $4,495,000
- Units: 2
- Price Per Unit: $2,247,500
- Square Footage: 2,390
- Price Per Square Foot: $1,880
- Buyer: Dr. Thierry Mesana
- Seller: Dylan Hixon
- Seller's Representatives: Craig Waggner, Michael Gembecki, Andrew Berry, John Ciraulo, Jack Stephen, Evan Lush, Bobby Carrozzo - Cushman & Wakefield
The transaction was facilitated by the seller's representatives from Cushman & Wakefield, highlighting the strategic brokerage support in this deal. The property’s unique offering included its prime location and long-term tenant, providing a solid investment opportunity for the buyer.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93