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253 Church Street

JBuild NYC Acquires Mixed-Use Property From ASG Equities In Tribeca For $6.15M
SOLDMixed-use

JBuild NYC Acquires Mixed-Use Property From ASG Equities In Tribeca For $6.15M

253 Church Street

$6,150,000

$371/SF

Building Size

16,536 SF

Asset Type

Mixed-use

Closing

Jan 21, 2026

AI

The asset involved in this transaction is a mixed-use property located at 253 Church Street in the Tribeca market. The sale was completed for a price of $6,150,000, encompassing a total square footage of 16,536, which equates to a price per square foot of $371.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $6,150,000
  • Address: 253 Church Street
  • Market: Tribeca
  • Square Footage: 16,536
  • Price per Square Foot: $371
  • Buyer: JBuild NYC
  • Seller: ASG Equities
  • Seller's Representatives: Maurice Suede & Mike Kavanagh - Newmark

This transaction marks the third deal completed by JBuild NYC within a three-block radius of the subject property. For inquiries regarding the sale, interested parties can contact Maurice Suede at (212) 916-2932.

Players

Maurice Suede

Newmark

Broker

$935.8M

vol

58 deals

Broker
AE
ASG EquitiesSeller

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

2.58%

Cash-on-Cash

-0.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93