Joshua Greenberg Sells Mixed-Use Property At 28 Bedford Street In Manhattan For $18.75M
28 Bedford Street
$18,750,000
$1,041/SF
Building Size
18,000 SF
Asset Type
Mixed-use
Closing
Jan 12, 2026
AI
The asset at 28 Bedford Street is a mixed-use property comprising 1 commercial unit and 32 residential units. With a sale price of $18,750,000, the property has a total of 33 units, resulting in a per unit price of $568,182. The total square footage is 18,000, which yields a price per square foot of $1,041. The transaction occurred in the Manhattan market on January 13, 2026.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $18,750,000
- Units: 33
- Price Per Unit: $568,182
- Square Footage: 18,000
- Price Per Square Foot: $1,041
- Seller: Joshua Greenberg
Joshua Greenberg represented the seller in this transaction, overseeing the sale of the mixed-use asset in Manhattan. The involvement of a single seller highlights the direct engagement in this property transaction.
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
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93