facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

218 East 9th Street

Derby Copeland Capital Sells Mixed-use Property At 218 East 9th Street For $7.25M
SOLDMixed-use

Derby Copeland Capital Sells Mixed-use Property At 218 East 9th Street For $7.25M

218 East 9th Street

$7,250,000

$1,475/SF

Building Size

4,914 SF

Asset Type

Mixed-use

Closing

Apr 1, 2025

AI

A mixed-use property located at 218 East 9th Street was sold at a price of $7,250,000. The asset encompasses a total area of 4,914 square feet, resulting in a price per square foot of $1,475. The transaction took place in the East Village market of Manhattan.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $7,250,000
  • Square Footage: 4,914
  • Price per Square Foot: $1,475
  • Address: 218 East 9th Street
  • Market: East Village, Manhattan
  • Seller: Derby Copeland Capital
  • Broker: David Shalom & Brandon Polakoff

This transaction involved Derby Copeland Capital as the seller, while the brokerage firm of David Shalom and Brandon Polakoff represented the deal. The sale took place on April 1, 2025.

Players

David Shalom

Avison Young

Broker

$546.1M

vol

37 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93