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
About this deal
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.
On the Map
$4,300,000
$551/SF
Retail
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Players
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