Atlas Realty Group Represents Sale Of Mixed-Use Property At 30 Magaw Place For $4.2M
30 Colonel Robert Magaw Place
$4,200,000
$118/SF
Building Size
35,310 SF
Asset Type
Mixed-use
Closing
Jul 29, 2026
About this deal
AI
The property involved in the transaction is located at 30 Magaw Place in the Washington Heights market. This mixed-use asset comprises 1 commercial unit and 43 residential units, totaling 44 units. The sale price was set at $4,200,000, with a price per unit of $95,455. The total square footage of the property is 35,310, giving it a price per square foot of $118.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $4,200,000
- Units: 44
- Price Per Unit: $95,455
- Square Footage: 35,310
- Price Per Square Foot: $118
The deal was facilitated by brokers Yosef Katz, Shlomo Antebi, Erik Yankelovich, and Sam Schwartz from Atlas Realty Group, representing the parties involved in the transaction.
On the Map
$4,200,000
$118/SF
Mixed-use
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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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93