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47 East 30th Street

Northgate Real Estate Group Sells Mixed-Use Building In NoMad Manhattan For $4.1M
SOLDMixed-use

Northgate Real Estate Group Sells Mixed-Use Building In NoMad Manhattan For $4.1M

47 East 30th Street

$4,100,000

$770/SF

Building Size

5,320 SF

Asset Type

Mixed-use

Closing

Nov 11, 2025

AI

This transaction involved a vacant free-market mixed-use building located at 47 East 30th Street in NoMad, Manhattan. The property was sold for $4,100,000 and encompasses a total area of 5,320 square feet, resulting in a price per square foot of $770.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,100,000
  • Address: 47 East 30th Street
  • Market: NoMad, Manhattan
  • Square Footage: 5,320
  • Price per Square Foot: $770

The transaction was facilitated by Northgate Real Estate Group, with brokers Greg Corbin, Felix Ades, and Mickey Salzman representing the property in the bankruptcy sale.

Players

Greg Corbin

Northgate Real Estate Group

Broker

$1.2B

vol

84 deals

Broker
Northgate Real Estate Group
Northgate Real Estate GroupBrokerage

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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93