Joel Breitkopf Of Alchemy Properties Acquires Mixed-Use Asset From John Calicchio For $58.5M
SOLD
$58,500,000
New York
See Similar DealsMixed-use41,067 SF
Sold 05/04/2026
SOLD
Joel Breitkopf Of Alchemy Properties Acquires Mixed-Use Asset From John Calicchio For $58.5M
56 North Moore Street
See Similar DealsMixed-use41,067 SF
Sold 05/04/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,424
Total Square Footage:41,067 SF
Transaction Type:Sale
A mixed-use property located at 56 North Moore Street in Tribeca was sold for $58,500,000. The asset encompasses a total square footage of 41,067, resulting in a price per square foot of $1,424.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $58,500,000
- Buyer: Joel Breitkopf - Alchemy Properties
- Seller: John Calicchio
- Date of Sale: 5/4/2026
Joel Breitkopf acted as the representative for Alchemy Properties in the transaction, while John Calicchio was the seller of the property, facilitating the deal's completion.
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)
$3,120,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$207,838.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$277,319.85
Annual Debt Service$3,327,838.14
Is there something missing? Send suggestions