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:
- Property Type: Mixed-use
- Transaction Amount: $1,000,000
- Address: 245-02 South Conduit Avenue
- Market: Rosedale
- Square Footage: 3,000
- Price per Square Foot: $333
- Buyer: Jordan Cohen - Baker Capital Group
- Seller: Al Rosen
- Brokers: Josh Neustadter, Kieran Baker, Dylan Walsh & Nick Kolbus - Cushman & Wakefield
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
Rosedale 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93