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
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