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Neil Bender Of William Gottlieb Real Estate Acquires Mixed-Use Building From Susan Spehar For $5.1M
SOLD
$5,100,000
New York
See Similar DealsMixed-use1,920 SF
Sold 12/18/2025
SOLD
Neil Bender Of William Gottlieb Real Estate Acquires Mixed-Use Building From Susan Spehar For $5.1M
555 Hudson Street
See Similar DealsMixed-use1,920 SF
Sold 12/18/2025
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$2,656
Total Square Footage:1,920 SF
Transaction Type:Sale
A two-unit mixed-use building was sold for $5,100,000 at 555 Hudson Street, located in Manhattan’s West Village. The property spans 1,920 square feet, which results in a price per square foot of $2,656.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $5,100,000
- Buyer: Neil Bender - William Gottlieb Real Estate
- Seller: Susan Spehar
- Date of Sale: December 18, 2025
- Market: West Village, Manhattan
- Square Footage: 1,920
- Price per Square Foot: $2,656
Neil Bender represented William Gottlieb Real Estate in this transaction, acquiring the property from seller Susan Spehar. This deal highlights the involvement of key individuals in the New York real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$271,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,119.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,176.60
Annual Debt Service$290,119.22
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