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

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SOLD
$2,550,000

New York

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Mixed-use9,000 SF
Sold
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Property Image
SOLD

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

973 Amsterdam Avenue

See Similar Deals
Mixed-use9,000 SF
Sold
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$283
Total Square Footage:9000 SF
Transaction Type:Sale

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
3 deals$91.3M volume
BROKER

Joe Brikman
Brooklyn Blocks Real Estate
7 deals$22.5M volume(718) 669-0316
BROKER

Real New York
BROKERAGE

Details

SOLD
IMAGE: Joe Brikman & Robert Rahmanian DATE: 1/23/2026 ADDRESS: 973 Amsterdam Avenue MARKET: Manhattan Valley ASSET TYPE: Mixed-use (1 Commercial & 9 Residential) BUYER: Sonny Tran SELLER: Hirshmark Capital (@HirshmarkCapital) BUYER'S REP: Robert Rahmanian - Real New York (@Real_NewYork) SELLER'S REP: Joe Brikman (@JoeBrik) - Brooklyn Blocks Real Estate (@Brooklyn_Blocks) SALE PRICE: $2,550,000 UNITS: 10 ~ PPU: $255,000 SF: 9,000 ~ PPSF: $283

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$136,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,059.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,088.30
Annual Debt Service$145,059.61