Lockhill Properties Acquires Mixed-Use Asset At 73 Warren Street Tribeca For $9.4M
73 Warren Street
$9,400,000
$895/SF
Building Size
10,500 SF
Asset Type
Mixed-use
Closing
Jul 29, 2026
About this deal
AI
The property asset is a mixed-use building located at 73 Warren Street in Tribeca, Manhattan. The sale price was $9,400,000, encompassing 6 units, which include 5 apartments and 1 retail space. The total square footage is 10,500, resulting in a price per unit of $1,566,667 and a price per square foot of $895.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $9,400,000
- Units: 6
- Price per Unit: $1,566,667
- Square Footage: 10,500
- Price per Square Foot: $895
- Buyer: Lockhill Properties
- Seller: Berger Family
- Brokerage Firm: Investment Property Realty Group
- Brokers: Adam Lobel, Zachary Ziskin, Justin Zeitchik & Christian Ingenito
This transaction marks Investment Property Realty Group's third sale in Tribeca within the last year, indicating their ongoing activity in the Manhattan real estate market.
On the Map
$9,400,000
$895/SF
Mixed-use
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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
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93