facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

312 Bowery

Danny Hakakian Acquires Mixed-Use Property At 312 Bowery Manhattan For $16.65M
SOLDMixed-use

Danny Hakakian Acquires Mixed-Use Property At 312 Bowery Manhattan For $16.65M

312 Bowery

$16,650,000

$740/SF

Building Size

22,479 SF

Asset Type

Mixed-use

Closing

Jul 8, 2026

AI

The property asset involved in the transaction is a mixed-use building located at 312 Bowery in Manhattan. It comprises 22 residential units and 1 commercial unit, spanning a total square footage of 22,479. The sale was completed for a price of $16,650,000, resulting in a price per unit of $723,913 and a price per square foot of $740.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $16,650,000
  • Address: 312 Bowery
  • Market: Manhattan
  • Units: 23
  • Price Per Unit: $723,913
  • Square Footage: 22,479
  • Price Per Square Foot: $740
  • Buyer: Danny Hakakian
  • Seller: Bremen House
  • Broker Representatives: John J. Stewart & Dylan Torey - Marcus & Millichap

Key individuals involved in the deal include Danny Hakakian as the buyer and Bremen House as the seller. The transaction was facilitated by broker representatives John J. Stewart and Dylan Torey from Marcus & Millichap, who played a crucial role in bringing both parties together for this transaction.

Players

John J. Stewart

Marcus & Millichap

Broker

$238.4M

vol

32 deals

Broker

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93