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.
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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93