Janusz & Oren Sendowski Acquire Mixed-use Building At 65 Carmine Street For $6.4M
65 Carmine Street
$6,400,000
$766/SF
Building Size
8,350 SF
Asset Type
Mixed-use
Closing
Oct 28, 2025
About this deal
AI
The transaction involves a mixed-use property comprising 1 commercial unit and 14 apartments located at 65 Carmine Street in the West Village market. The sale price was $6,400,000, reflecting a price per unit of $427 and a price per square foot of $766. The total square footage of the asset is 8,350. This was the first sale of the property in over 50 years.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $6,400,000
- Units: 15
- Price per Unit: $427
- Square Footage: 8,350
- Price per Square Foot: $766
- Buyer: Janusz & Oren Sendowski
- Seller: Priscilla Hayes
- Brokers: Ronald Cohen & Samuel Finkler - Besen Partners
- Cap Rate: 5.5%
- Tenancy: Mix of FM & RS
Ron Cohen and Sam Finkler successfully represented the seller in this transaction and were instrumental in procuring the purchaser. The completion of this sale marks a significant event in the property's history, having not changed ownership for over half a century.
Players
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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93