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
About this deal
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.
On the Map
$3,375,000
$562/SF
Mixed-use
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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
4.70%
Cash-on-Cash
-1.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93