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Mixed Use

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56 North Moore Street

Joel Breitkopf Of Alchemy Properties Acquires Mixed-Use Asset From John Calicchio For $58.5M
SOLDMixed-use

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

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.

Players

Joel BreitKopf

Alchemy Properties

Buyer

$133.5M

vol

3 deals

Buyer

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