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943 2nd Avenue

Marcel Fridman Of Barcel Group Represents Buyer In $5.5M Manhattan Mixed-Use Sale
SOLDMixed-use

Marcel Fridman Of Barcel Group Represents Buyer In $5.5M Manhattan Mixed-Use Sale

943 2nd Avenue

$5,500,000

$1,100/SF

Building Size

5,000 SF

Asset Type

Mixed-use

Closing

Jun 22, 2026

AI

The property asset involved in the transaction is a mixed-use building located at 943 2nd Avenue in the Manhattan market. The sale price for the property was $5,500,000, encompassing a total square footage of 5,000, which translates to a price per square foot of $1,100.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $5,500,000
  • Square Footage: 5,000
  • Price per Square Foot: $1,100
  • Address: 943 2nd Avenue
  • Market: Manhattan
  • Buyer's Representative: Marcel Fridman - Barcel Group

Marcel Fridman represented the buyer in this transaction, facilitating the sale with his expertise and connections in the real estate market.

Players

Marcel Fridman

Barcel Group

Broker

$456.5M

vol

142 deals

Broker

Market 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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93