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Mixed Use

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2006 Amsterdam Avenue

Adam Goodstein Of Seastone Capital Acquires Mixed-Use Building From Bijan Nassi For $1.3M
SOLDMixed-use

Adam Goodstein Of Seastone Capital Acquires Mixed-Use Building From Bijan Nassi For $1.3M

2006 Amsterdam Avenue

$1,300,000

$78/SF

Building Size

16,672 SF

Asset Type

Mixed-use

Closing

Sep 15, 2025

AI

The property involved in this transaction is a mixed-use asset located at 2006 Amsterdam Avenue in the Washington Heights market. It encompasses a total of 16,672 square feet and includes 18 units. The sale price for this property was $1,300,000, which translates to a price per unit of $72,222 and a price per square foot of $77.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $1,300,000
  • Units: 18
  • Square Feet: 16,672
  • Price per Unit: $72,222
  • Price per Square Foot: $77
  • Buyer: Adam Goodstein - Seastone Capital
  • Seller: Bijan Nassi - Bijan Royal, Inc.

Adam Goodstein of Seastone Capital is actively pursuing value-add multifamily, retail, and mixed-use deals across the five boroughs. Bijan Nassi represents Bijan Royal, Inc. in this transaction.

Players

Adam Goodstein

Seastone Capital

Buyer

$50.9M

vol

7 deals

Buyer

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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93