Bobby Zar Of ZG Capital Partners Acquires Mixed-Use Building At 680 Broadway For $11M
680 Broadway
$11,000,000
$785/SF
Building Size
14,000 SF
Asset Type
Mixed-use
Closing
Feb 2, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 680 Broadway in the NoHo market. The sale price for the property was $11,000,000, encompassing a total area of 14,000 square feet, which results in a price per square foot of $786.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $11,000,000
- Address: 680 Broadway
- Market: NoHo
- Square Footage: 14,000
- Price per Square Foot: $786
- Buyer: Bobby Zar - ZG Capital Partners
- Broker Representatives: Nicholas Judson & Stephen Gueye - Judson CRE
ZG Capital Partners, under the leadership of Bobby Zar, acquired the property with intentions to renovate its four market-rate apartments and two retail spaces. The transaction reflects a trend of increased investment activity in the SoHo/NoHo area, which has seen numerous multi-million-dollar apartment and retail transactions to start 2026.
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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93