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435 Park Avenue South

Parag Sawhney Purchases Mixed-Use Property At 435 Park Avenue South For $4M With Brokers Haley Hasho & Benjamin Wiles
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

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:

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.

Players

Haley Hasho

Exodus Capital

Broker

$381M

vol

48 deals

Broker

Randolph Den

Buyer

$4M

vol

1 deal

Buyer
Parag Sawhney

Parag Sawhney

Seller

$182.7M

vol

25 deals

Seller

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