Mo Bamba Of Tahari Capital Acquires Mixed-Use Property From Dante Cappi For $2.55M
323 East 108th Street
$2,550,000
$112/SF
Building Size
22,595 SF
Asset Type
Mixed-use
Closing
Sep 30, 2025
AI
The property asset involved in this transaction is a mixed-use building located at 323 East 108th Street in East Harlem, Manhattan. The sale was completed for a total price of $2,550,000, encompassing 33 units and a total square footage of 22,595. The price per unit is recorded at $77,272, while the price per square foot stands at $112.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $2,550,000
- Address: 323 East 108th Street
- Market: East Harlem, Manhattan
- Units: 33
- Price Per Unit: $77,272
- Square Footage: 22,595
- Price Per Square Foot: $112
- Buyer: Mo Bamba - Tahari Capital
- Seller: Dante Cappi
This transaction was facilitated by Tahari Capital, with NBA star and entrepreneur Mo Bamba partnering in the equity recapitalization. The notable individuals involved include Jake Croman, Adam Croman, Mark Golberg, Jeremey Tahari, and Greg Bari, reflecting a collaborative effort in the revitalization of New York City’s multifamily housing market.
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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93