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
About this deal
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.
On the Map
$70,000,000
$709/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
0.23%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93