SOLDMixed-use
Parag Sawhney Purchases Mixed-Use Property At 435 Park Avenue South For $4M With Brokers Haley Hasho & Benjamin Wiles
435 Park Avenue South
$4,000,000
$1,111/SF
Building Size
3,600 SF
Asset Type
Mixed-use
Closing
Jul 25, 2026
About this deal
AI
The property asset involved in this transaction is located at 435 Park Avenue South in Manhattan. This mixed-use building comprises 2 commercial units and 2 residential units, with a total sale price of $4,000,000. The property encompasses 3,600 square feet, which breaks down to a price per unit of $1,000,000 and a price per square foot of $1,111. The residential units were delivered 100% vacant.
Summary of transaction details:
- Property Type: Mixed-use (2 Commercial & 2 Residential)
- Transaction Amount: $4,000,000
- Units: 4
- Price Per Unit: $1,000,000
- Square Footage: 3,600
- Price Per Square Foot: $1,111
- Buyer: Parag Sawhney
- Seller: Randolph Den
- Brokers: Haley Hasho & Benjamin Wiles - Exodus Capital
This transaction involved key individuals, including the buyer Parag Sawhney and the seller Randolph Den. They were represented by brokers Haley Hasho and Benjamin Wiles from Exodus Capital, facilitating the deal for the mixed-use property.
On the Map
$4,000,000
$1,111/SF
Mixed-use
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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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93