Nathan Benelyahou Acquires Mixed-Use Property On Upper West Side For $9.51M
2794 Broadway New York, NY 10025, USA
$9,510,000
$607/SF
Building Size
15,663 SF
Asset Type
Mixed-use
Closing
Jun 28, 2023
AI
2794 Broadway, located in the Upper West Side market, has been sold in a recent transaction. The mixed-use property consists of 13 apartments and 3 stores, offering a total square footage of 15,663. The property, owned by the Kriger Family, was purchased by Nathan Benelyahou. The deal was facilitated by brokers from Investment Property Realty Group (IPRG), namely Zachary Ziskin, Adam Lobel, and Justin Zeitchik.
Summary of transaction details:
- Property Type: Mixed-Use (13 Apartments & 3 Stores)
- Transaction Amount: $9,510,000
- Address: 2794 Broadway
- Market: Upper West Side
- Buyer: Nathan Benelyahou
- Seller: Kriger Family
- Brokers: Zachary Ziskin, Adam Lobel, & Justin Zeitchik - Investment Property Realty Group (IPRG)
- Total Square Footage: 15,663
- Price per Square Foot: $607
The transaction showcases the expertise of Zachary Ziskin, Adam Lobel, and Justin Zeitchik from Investment Property Realty Group (IPRG). These brokers successfully facilitated the deal between the buyer, Nathan Benelyahou, and the seller, Kriger Family.
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
1.67%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93