Avison Young Brokers $22.01M Mixed-Use Sale At 535 Broadway In Soho Manhattan
SOLD
$22,010,000
+ 1
New York
See Similar DealsMixed-use14,225 SF
Sold
SOLD
Avison Young Brokers $22.01M Mixed-Use Sale At 535 Broadway In Soho Manhattan
535 Broadway
See Similar DealsMixed-use14,225 SF
Sold
+ 1
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1547
Total Square Footage:14225 SF
Transaction Type:Sale
A mixed-use property located at 535 Broadway in Soho, Manhattan, was sold for $22,010,000. The property spans 14,225 square feet, resulting in a price per square foot of $1,547.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $22,010,000
- Square Footage: 14,225
- Price per Square Foot: $1,547
- Address: 535 Broadway
- Market: Soho, Manhattan
The brokers representing the transaction were Alexandra Marolda, Brent Glodowski, Eric Karmitz, and James Nelson from Avison Young, playing integral roles in the completion of this deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,173,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$78,196.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,338.63
Annual Debt Service$1,252,063.55
Is there something missing? Send suggestions