Jason Kimmel Acquires Office Property At 556 Broome Street Manhattan For $9.555M
556 Broome Street
$9,555,000
$923/SF
Building Size
10,350 SF
Asset Type
Office
Closing
Jun 3, 2026
About this deal
AI
Jason Kimmel purchased a 10,350-square-foot office property at 556 Broome Street in Manhattan's Hudson Square neighborhood for $9,555,000. The transaction closed on June 3, 2026, at a price metric of $923 per square foot.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $9,555,000
- Address: 556 Broome Street
- Market: Hudson Square, Manhattan
- Square Footage: 10,350
- Price Per Square Foot: $923
This transaction was solely between the buyer, Jason Kimmel, and the seller, represented in this deal without additional parties involved. No broker representation is mentioned for this sale.
Players
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.66%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93