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57 Stanton Street

Shalom Neuman Sells Mixed-Use Property At 57 Stanton Street For $4.8M With Brokers Jakub Nowak & Michael Maldonado
SOLDMixed-use

Shalom Neuman Sells Mixed-Use Property At 57 Stanton Street For $4.8M With Brokers Jakub Nowak & Michael Maldonado

57 Stanton Street

$4,800,000

$1,063/SF

Building Size

4,513 SF

Asset Type

Mixed-use

Closing

Mar 30, 2026

AI

The property involved in this transaction is a mixed-use building located at 57 Stanton Street in the Lower East Side market. The asset comprises 2 commercial units and 2 residential units, totaling 4 units. The sale price was $4,800,000, with a price per unit of $1,200,000. The property's total square footage is 4,513, which results in a price per square foot of $1,063.

Summary of transaction details:

In this sale, Shalom Neuman has expressed his satisfaction with the brokerage services provided by Jakub Nowak, noting his experience and trustworthy advice in handling the sale of his properties. Jakub's approach has ensured significant exposure to qualified buyers, making the transaction successful and enjoyable for the seller.

Players

Jakub Nowak

Marcus & Millichap

Broker

$486.7M

vol

89 deals

Broker

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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93