Birchwood Properties Sells Mixed-use Asset At 1594 York Avenue For $7,050,000
1594 York Avenue
$7,050,000
Building Size
—
Asset Type
Mixed-use
Closing
Jun 16, 2026
AI
The asset involved in this transaction is a mixed-use property located at 1594 York Avenue in the Upper East Side market. The property was sold for $7,050,000.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $7,050,000
- Seller: Birchwood Properties
- Date of Sale: 6/17/2026
- Brokers: David Schechtman, Jonathan (Jon) Schwartz & Henry Barnathan - Meridian Capital Group
The transaction involved Birchwood Properties as the seller, with the brokerage representation provided by David Schechtman, Jonathan (Jon) Schwartz, and Henry Barnathan from Meridian Capital Group, who facilitated the details of the transaction.
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
2.25%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93