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231 Sullivan Street

Sean Lefkovits, Lance Lefkovits, And David Lloyd Of Davean Holdings Sell Mixed-Use Property For $7.1M In Greenwich Village
SOLDMixed-use

Sean Lefkovits, Lance Lefkovits, And David Lloyd Of Davean Holdings Sell Mixed-Use Property For $7.1M In Greenwich Village

231 Sullivan Street

$7,100,000

$1,441/SF

Building Size

4,924 SF

Asset Type

Mixed-use

Closing

Mar 19, 2026

AI

The property asset involved in the transaction is a mixed-use building located at 231 Sullivan Street in the Greenwich Village market. The sale price was $7,100,000, and the asset spans 4,924 square feet, equating to a price per square foot of approximately $1,441.

Summary of transaction details:

The deal's key individuals include the sellers Sean Lefkovits, Lance Lefkovits, and David Lloyd, representing Davean Holdings. The transaction was facilitated by brokers Brandon Polakoff and Ryan McGuirl from Avison Young on behalf of the sellers, while Dylan Torey from Marcus & Millichap represented the buyer.

Players

Brandon Polakoff

Avison Young

Broker

$1.8B

vol

124 deals

Broker
Sean Lefkovits

Sean Lefkovits

Davean Holdings

Seller

$295.5M

vol

34 deals

Seller

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

2.23%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93