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120 Fulton Street

Daniel Markovich & Yaniv Garbo Acquire Retail Space At 120 Fulton Street For $4.3M
SOLDRetail

Daniel Markovich & Yaniv Garbo Acquire Retail Space At 120 Fulton Street For $4.3M

120 Fulton Street

$4,300,000

$551/SF

Building Size

7,800 SF

Asset Type

Retail

Closing

May 14, 2026

AI

The retail property located at 120 Fulton Street in the Financial District has been sold for $4,300,000. The asset encompasses a total area of 7,800 square feet, yielding a price per square foot of $551.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,300,000
  • Address: 120 Fulton Street
  • Market: Financial District
  • Square Footage: 7,800
  • Price Per Square Foot: $551
  • Buyer: Daniel Markovich & Yaniv Garbo

The transaction involved Daniel Markovich and Yaniv Garbo as the buyers, facilitating the acquisition of the retail asset. Their roles in the deal are crucial in understanding the dynamics of this transaction in the Financial District.

Players

Yaniv Garbo

Buyer

$29.9M

vol

10 deals

Buyer

New York Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93