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445 East 78th Street

Updated Jun 22, 2026

Gil Boosidan Sells Mixed-Use Property At 445 East 78th Street For $5.2M With Brokers Adam Lobel, Zachary Ziskin, Justin Zeitchik & Christian Ingenito
SOLDMixed-use

Gil Boosidan Sells Mixed-Use Property At 445 East 78th Street For $5.2M With Brokers Adam Lobel, Zachary Ziskin, Justin Zeitchik & Christian Ingenito

445 East 78th Street

$5,200,000

$611/SF

Building Size

8,500 SF

Asset Type

Mixed-use

Closing

Jun 3, 2026

About this deal

AI

This mixed-use property located at 445 East 78th Street in the Upper East Side features a total of 15 units, comprised of 13 apartments and 2 stores. The asset encompasses approximately 8,500 square feet and was sold for $5,200,000, resulting in a price per unit of $346,667 and a price per square foot of $611.

Summary of transaction details:

The transaction involved a complex negotiation process, requiring a discounted lender payoff to successfully close the deal. The brokers expressed pride in the outcome and gratitude toward all parties involved in the collaboration.

On the Map

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$5,200,000

$611/SF

Mixed-use

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Players

Adam Lobel

Investment Property Realty Group (IPRG)

Broker

$647.1M

vol

149 deals

Broker

Gil Boosidan

Seller

$30.1M

vol

6 deals

Seller
Bilt advertisement

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $611 per square foot on a published $5.2M for 8,500 square feet (2026).

Visit Zachary Ziskin to view all their deals.

Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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