Amitava Mandal Purchases Office At 545 West 25th Street For $3.125 Million
545 West 25th Street
$3,125,000
$798/SF
Building Size
3,915 SF
Asset Type
Office
Closing
Oct 21, 2025
About this deal
AI
The property is located at 545 West 25th Street, 15th Floor in the West Village market. This office asset encompasses a total area of 3,945 square feet and was sold for $3,125,000, resulting in a price per square foot of $792.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,125,000
- Square Footage: 3,945
- Address: 545 West 25th Street, 15th Floor
- Market: West Village
- Buyer: Amitava Mandal
- Seller: Sharone Ben-Harosh
- Buyer's Representative: Richard Nassimi
- Seller's Representative: Henri Kessler - Marcus & Millichap
Richard Nassimi represents the buyer, Amitava Mandal, and Henri Kessler from Marcus & Millichap represents the seller, Sharone Ben-Harosh, facilitating this transaction.
On the Map
$3,125,000
$798/SF
Office
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Players
New York Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93