Avison Young Brokers $22.01M Mixed-Use Sale At 535 Broadway In Soho Manhattan
535 Broadway
$22,010,000
$1,547/SF
Building Size
14,225 SF
Asset Type
Mixed-use
Closing
Feb 4, 2026
AI
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
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93