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Mixed Use

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245-02 South Conduit Avenue

Jordan Cohen Of Baker Capital Group Acquires Mixed-Use Asset In Rosedale For $1M
SOLDMixed-use

Jordan Cohen Of Baker Capital Group Acquires Mixed-Use Asset In Rosedale For $1M

245-02 South Conduit Avenue

$1,000,000

$333/SF

Building Size

3,000 SF

Asset Type

Mixed-use

Closing

Jul 2, 2026

AI

The property asset involved in the transaction is located at 245-02 South Conduit Avenue in Rosedale. It is classified as a mixed-use asset, with a sale price of $1,000,000. The total square footage of the property is 3,000, which translates to a price per square foot of $333.

Summary of transaction details:

This transaction features key individuals representing both the buyer and seller. Jordan Cohen is the buyer associated with Baker Capital Group, while Al Rosen is the seller. The brokerage team facilitating this deal includes Josh Neustadter, Kieran Baker, Dylan Walsh, and Nick Kolbus from Cushman & Wakefield.

Players

Josh Neustadter

Cushman & Wakefield

Broker

$548.9M

vol

62 deals

Broker
Jordan Cohen

Jordan Cohen

Baker Capital Group

Buyer

$1M

vol

10 deals

Buyer

Al Rosen

Seller

$1M

vol

1 deal

Seller

Rosedale 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93