RYCO Capital Sells Mixed-Use Asset At 502-504 LaGuardia Place For $26 Million
502 Laguardia Place
$26,000,000
$1,481/SF
Building Size
17,550 SF
Asset Type
Mixed-use
Closing
Oct 22, 2026
About this deal
AI
The mixed-use property located at 502-504 LaGuardia Place in Greenwich Village was sold for $26,000,000. The asset encompasses a total of 17,550 square feet, which equates to a price per square foot of $1,481.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $26,000,000
- Sale Date: 10/22/2026
- Seller: RYCO Capital
- Seller's Representatives: Bobby Carrozzo, Robert Burton, Michael Gembecki, and Caroline Erb - Cushman & Wakefield
Cushman & Wakefield has announced the completion of the sale for this property, and their team is available to address any inquiries regarding the transaction.
On the Map
$26,000,000
$1,481/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
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93