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274 East 10th Street

Ofir Badash Of Avenues Equity Partners Acquires Mixed-Use Asset In East Village For $3.375M
SOLDMixed-use

Ofir Badash Of Avenues Equity Partners Acquires Mixed-Use Asset In East Village For $3.375M

274 East 10th Street

$3,375,000

$562/SF

Building Size

6,000 SF

Asset Type

Mixed-use

Closing

Mar 26, 2026

AI

The property involved in the transaction is a mixed-use asset located at 274 East 10th Street in the East Village, Manhattan. The sale price for this property was $3,375,000, which corresponds to an average price per unit of $337,500 across its 10 units. The total square footage of the property is 6,000, translating to a price per square foot of $562.

Summary of transation details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,375,000
  • Units: 10
  • PPU: $337,500
  • SF: 6,000
  • PPSF: $562
  • Buyer: Ofir Badash - Avenues Equity Partners
  • Buyer's Representatives: Max Ralby & Marco De La Torre - Newmark

Ofir Badash represented Avenues Equity Partners in this transaction, with the role of Max Ralby and Marco De La Torre being roles as buyer's representatives from Newmark. Their involvement facilitated the successful completion of the sale in the East Village market.

Players

Max Ralby

Newmark

Broker

$3.8B

vol

74 deals

Broker
Ofir Badash

Ofir Badash

Buyer

$26.2M

vol

10 deals

Buyer

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

4.70%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93