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973 Amsterdam Avenue

Sonny Tran Acquires Mixed-use Building At 973 Amsterdam Avenue From Hirshmark Capital For $2.55M
SOLDMixed-use

Sonny Tran Acquires Mixed-use Building At 973 Amsterdam Avenue From Hirshmark Capital For $2.55M

973 Amsterdam Avenue

$2,550,000

$283/SF

Building Size

9,000 SF

Asset Type

Mixed-use

Closing

Jan 22, 2026

AI

The property asset involved in this transaction is a mixed-use building located at 973 Amsterdam Avenue in the Manhattan Valley market. It consists of 1 commercial unit and 9 residential units, encompassing a total of 9,000 square feet. The sale price for this property is $2,550,000, resulting in a price per unit of $255,000 and a price per square foot of $283.

Summary of transaction details:

  • Property Type: Mixed-use (1 Commercial & 9 Residential)
  • Transaction Amount: $2,550,000
  • Units: 10
  • Square Footage: 9,000
  • Price Per Unit: $255,000
  • Price Per Square Foot: $283
  • Buyer: Sonny Tran
  • Seller: Hirshmark Capital
  • Buyer's Representative: Robert Rahmanian - Real New York
  • Seller's Representative: Joe Brikman - Brooklyn Blocks Real Estate

This transaction features key individuals including buyer Sonny Tran and seller Hirshmark Capital. The deal was facilitated by representatives Robert Rahmanian from Real New York and Joe Brikman from Brooklyn Blocks Real Estate, who were instrumental in finalizing the sale of this mixed-use property.

Players

Robert Rahmanian

Real New York

Broker

$91.3M

vol

3 deals

Broker
Real New York
Real New YorkBrokerage
Hirshmark Capital
Hirshmark CapitalSeller

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93