Mixed-Use Asset At 1670 York Avenue Sold For $8.15M In Yorkville With Brokers Joe Koicim Logan Markley Luca Errico And Yehuda Lesser
1670 York Avenue
$8,150,000
$464/SF
Building Size
17,540 SF
Asset Type
Mixed-use
Closing
Aug 17, 2026
About this deal
AI
A mixed-use property located at 1670 York Avenue in the Yorkville market has been sold for $8,150,000. The asset comprises 35 units and offers a total square footage of 17,540, resulting in a price per unit of $232,857 and a price per square foot of $464.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $8,150,000
- Units: 35
- Square Footage: 17,540
- Price per Unit: $232,857
- Price per Square Foot: $464
- Date: 08/17/2026
- Brokers: Joe Koicim, Logan Markley & Luca Errico - Marcus & Millichap; Yehuda Lesser - Alpha Realty
The transaction involved key representatives from brokerage firms, specifically Joe Koicim, Logan Markley, and Luca Errico, who represented the seller through Marcus & Millichap. Yehuda Lesser represented the buyer from Alpha Realty, facilitating the deal.
Players
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
1.95%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93