Joel Breitkopf Of Alchemy Properties Acquires Mixed-Use Asset From John Calicchio For $58.5M
56 North Moore Street
$58,500,000
$1,424/SF
Building Size
41,067 SF
Asset Type
Mixed-use
Closing
May 3, 2026
About this deal
AI
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.
On the Map
$58,500,000
$1,424/SF
Mixed-use
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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
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93