Richard Guarino Of Friedman-Roth Realty Represents Sale Of Mixed-Use Asset For $12.05M In Hamilton Heights
9 West 110th Street, 2119 Frederick Douglass Boulevard & 584 West 152nd Street
$12,050,000
$231/SF
Building Size
52,147 SF
Asset Type
Mixed-use
Closing
May 27, 2026
AI
A mixed-use property located at 9-11 Central Park North, 2119 Frederick Douglass Boulevard & 584 West 152nd Street in the Hamilton Heights market has been sold for a total price of $12,050,000. The asset comprises 68 units, with a price per unit of $177,206. The total square footage of the property is 52,147, resulting in a price per square foot of $231.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $12,050,000
- Units: 68
- Price Per Unit: $177,206
- Square Footage: 52,147
- Price Per Square Foot: $231
- Broker: Richard Guarino - Friedman-Roth Realty
This transaction was executed by Richard Guarino, representing Friedman-Roth Realty. The marketing strategy utilized was comprehensive, aimed at maximizing exposure for the property. Acknowledgments go to Stephen Siminou Esq and Anthony Simari Esq for their contributions to the deal.
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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93