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1594 York Avenue

Birchwood Properties Sells Mixed-use Asset At 1594 York Avenue For $7,050,000
SOLDMixed-use

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

David Schechtman

Meridian Capital Group

Broker

$1.8B

vol

68 deals

Broker
BP
Birchwood PropertiesSeller

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