India-Based Not For Profit Yoga Institute Acquires Mixed-Use Property In West Village For $14M
227-229 West 13th Street
$14,000,000
$747/SF
Building Size
18,742 SF
Asset Type
Mixed-use
Closing
Sep 25, 2026
About this deal
AI
The asset involved in this transaction is a mixed-use property located at 227-229 West 13th Street in the West Village, Manhattan. The sale price for this property was $14,000,000, with a total square footage of 18,742 and a price per square foot of $746.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $14,000,000
- Address: 227-229 West 13th Street
- Market: West Village, Manhattan
- Buyer: India-based not for Profit Yoga Institute
- Seller: Integral Yoga Institute
- Brokers: David Schechtman, Jonathan Schwartz & Henry Barnathan - Meridian Capital Group
In this transaction, the buyer, India-based not for Profit Yoga Institute, acquired the property from the seller, Integral Yoga Institute. The brokers representing the seller in this deal were David Schechtman, Jonathan Schwartz, and Henry Barnathan from Meridian Capital Group.
On the Map
$14,000,000
$747/SF
Mixed-use
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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
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93