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210 East 86th Street

Alberto Smeke & Salo Smeke Purchase Office Building In Yorkville Manhattan For $70 Million
SOLDOffice

Alberto Smeke & Salo Smeke Purchase Office Building In Yorkville Manhattan For $70 Million

210 East 86th Street

$70,000,000

$709/SF

Building Size

98,664 SF

Asset Type

Office

Closing

Jun 3, 2026

AI

The asset involved in the transaction is an office property located at 210 East 86th Street in Yorkville, Manhattan. The sale price of the property was $70,000,000, encompassing a total square footage of 98,664, which translates to a price per square foot of $709.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $70,000,000
  • Address: 210 East 86th Street
  • Market: Yorkville, Manhattan
  • Total Square Feet: 98,664
  • Price per Square Foot: $709
  • Buyer: Alberto Smeke & Salo Smeke - CSC Real Estate
  • Brokers: Brandon Polakoff, Alexandra Marolda, Lea Voytovich & James Nelson - Avison Young

The transaction was facilitated by the involvement of notable brokers from Avison Young, highlighting their role in representing the deal, while Alberto Smeke and Salo Smeke acted as the buyers through their company, CSC Real Estate.

Players

Brandon Polakoff

Avison Young

Broker

$1.8B

vol

124 deals

Broker
CE
CSC Real EstateBuyer

New York Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.23%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93