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65 Greene Street

Yael Aflalo Acquires Mixed-Use Building At 65-67 Greene Street For $31.75M With Broker Representation
SOLDMixed-use

Yael Aflalo Acquires Mixed-Use Building At 65-67 Greene Street For $31.75M With Broker Representation

65 Greene Street

$31,750,000

$1,490/SF

Building Size

21,300 SF

Asset Type

Mixed-use

Closing

Dec 22, 2025

AI

The mixed-use property located at 65-67 Greene Street in the Soho market of Manhattan was sold for $31,750,000. The asset comprises 21,300 square feet, with a price per square foot of $1,490. The buildings are notable for their iconic cast-iron architecture, situated between Spring and Broome Streets.

Summary of transaction details:

The transaction showcases the active engagement of Meridian Capital Group’s Investment Sales team, highlighting continued demand for real estate in a major fashion corridor of Manhattan. The deal reflects the presence of significant players in the transaction, with several representatives from Meridian Capital Group assisting the seller while Compass represented the buyer.

Players

Abie Kassin

Meridian Capital Group

Broker

$1.6B

vol

52 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

0.50%

Cash-on-Cash

-0.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93