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CTT 74 Franklin LLC Acquires Mixed-Use Building From Jordan Vogel For $11.35M In Tribeca
SOLD
$11,345,000
New York
See Similar DealsMixed-use9,796 SF
Sold 03/26/2026
SOLD
CTT 74 Franklin LLC Acquires Mixed-Use Building From Jordan Vogel For $11.35M In Tribeca
74 Franklin Street
See Similar DealsMixed-use9,796 SF
Sold 03/26/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$1,158
Total Square Footage:9,796 SF
Transaction Type:Sale
A mixed-use building located at 74 Franklin Street in Tribeca has been sold for $11,345,000. The property comprises a total of 9,796 square feet, translating to a price per square foot of approximately $1,158.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $11,345,000
- Address: 74 Franklin Street
- Market: Tribeca, Manhattan
- Square Footage: 9,796
- Price per Square Foot: $1,158
- Buyer: CTT 74 Franklin LLC
- Seller: Jordan Vogel - Benchmark Real Estate Group
The transaction was executed by CTT 74 Franklin LLC as the buyer, while Jordan Vogel represented Benchmark Real Estate Group as the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$605,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,306.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,781.09
Annual Debt Service$645,373.06
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