CTT 74 Franklin LLC Acquires Mixed-Use Building From Jordan Vogel For $11.35M In Tribeca
74 Franklin Street
$11,345,000
$1,158/SF
Building Size
9,796 SF
Asset Type
Mixed-use
Closing
Mar 26, 2026
About this deal
AI
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.
On the Map
$11,345,000
$1,158/SF
Mixed-use
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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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93