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
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