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
Market 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
3.43%
Cash-on-Cash
-0.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93