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15 8th Avenue

Dr. Thierry Mesana Purchases Mixed-Use Property From Dylan Hixon For $4.495M In West Village
SOLDMixed-use

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:

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

John Ciraulo

Cushman & Wakefield

Broker

$747.3M

vol

48 deals

Broker

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