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510 Ninth Avenue

Michael Mintz Purchases Mixed-Use Property In Hudson Yards From Hirshmark Capital For $5.5M
SOLDMixed-use

Michael Mintz Purchases Mixed-Use Property In Hudson Yards From Hirshmark Capital For $5.5M

510 Ninth Avenue

$5,500,000

$485/SF

Building Size

11,341 SF

Asset Type

Mixed-use

Closing

Feb 24, 2026

AI

The property located at 510 Ninth Avenue in the Hudson Yards market is a mixed-use asset comprising 2 commercial units and 22 residential units. The sale price was $5,500,000, representing a price per unit of $229,167. The total square footage of the property is 11,341, which results in a price per square foot of $484.

Summary of transaction details:

  • Property Type: Mixed-use (2 Commercial & 22 Residential)
  • Transaction Amount: $5,500,000
  • Units: 24
  • Price per Unit: $229,167
  • Square Footage: 11,341
  • Price per Square Foot: $484
  • Buyer: Michael Mintz
  • Seller: Hirshmark Capital
  • Buyer's Representative: Joe Brikman - Brooklyn Blocks Real Estate & Roy Oskar - Bridge Advisory Group

The transaction involved key representatives in the real estate field, with Joe Brikman and Roy Oskar acting as the buyer's representatives. Interested parties looking for similar deals or wanting to sell their property quickly can reach out via the contact number 718-669-0316.

Players

Roy Oskar

Bridge Advisory Group

Broker

$37.7M

vol

10 deals

Broker
Hirshmark Capital
Hirshmark CapitalSeller

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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93