Dalan Management Acquires Mixed-Use Property On 2nd Ave. In East Village For $7.5M
82 2nd Avenue
$7,500,000
$1,513/SF
Building Size
4,956 SF
Asset Type
Mixed-use
Closing
Jul 19, 2022
About this deal
AI
The mixed-use property located at 82 2nd Ave. in the East Village neighborhood of Manhattan has been sold for a total price of $7,500,000. The property spans 4,956 square feet and has a price per square foot of $1,513. The transaction took place on July 19, 2022.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $7,500,000
- Buyer: Dalan Management - Matt Sobel & Danny Wrublin
- Seller: Steven Schacter
- Brokers: Joe Koicim, Logan Markley, Shaun Riney, Mike Salvatico & Matt Berger - Marcus & Millichap
The buyer of the property is Dalan Management, represented by Matt Sobel and Danny Wrublin. The seller is Steven Schacter. The deal was facilitated by brokers Joe Koicim, Logan Markley, Shaun Riney, Mike Salvatico, and Matt Berger, who are affiliated with Marcus & Millichap.
On the Map
$7,500,000
$1,513/SF
Mixed-use
View full map
Players
New York Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Joe Koicim to view all their deals.
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93