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Manhattan

Xiang Don Acquires Mixed-use Property In Manhattan For $4,626,000 With Broker Joshua Malekan
SOLDMixed-use

Xiang Don Acquires Mixed-use Property In Manhattan For $4,626,000 With Broker Joshua Malekan

$4,626,000

$642/SF

Building Size

7,200 SF

Asset Type

Mixed-use

Closing

Jun 17, 2026

AI

This mixed-use asset located in Manhattan was sold for $4,626,000. The property comprises 5 units, with a price per unit of $925,200. It further encompasses a total square footage of 7,200, translating to a price per square foot of $642.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,626,000
  • Units: 5
  • Price Per Unit: $925,200
  • Square Footage: 7,200
  • Price Per Square Foot: $642
  • Buyer: Xiang Don
  • Seller: Juan Zegler
  • Broker: Joshua Malekan - Bridge Advisory Group

Joshua Malekan facilitated this transaction, representing the interests of the seller. The buyer required funding to complete a discrete deal, and the successful brokerage connection enabled the arrangement.

Players

Joshua Malekan

Bridge Advisory Group

Broker

$137.8M

vol

39 deals

Broker
N
N/ABuyer
N
N/ASeller

Market 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

3.43%

Cash-on-Cash

-0.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93