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
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.
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