David Schechtman & Jonathan Schwartz Of Meridian Capital Group Facilitate Sale Of Mixed-Use Property In East Village For $8.6M
208-210 East 7th Street
$8,600,000
$442/SF
Building Size
19,418 SF
Asset Type
Mixed-use
Closing
Mar 9, 2026
AI
This mixed-use property located at 208-210 East 7th Street in the East Village has been sold for a transaction amount of $8,600,000. The asset encompasses a total square footage of 19,418, which equates to a price per square foot of $442.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $8,600,000
- Address: 208-210 East 7th Street
- Market: East Village
- Square Footage: 19,418
- Price per Square Foot: $442
The deal was brokered by David Schechtman and Jonathan Schwartz, representatives from Meridian Capital Group, who facilitated the transaction for the involved parties.
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
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93