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.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93