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65 Carmine Street

Janusz & Oren Sendowski Acquire Mixed-use Building At 65 Carmine Street For $6.4M
SOLDMixed-use

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

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

Ronald Cohen

Besen Partners

Broker

$95.3M

vol

25 deals

Broker
Besen Partners
Besen PartnersBrokerage

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