Fred Khalili Purchases Retail Asset At 126 Dyckman Street From Emily Russo For $2.33M
126 Dyckman Street & 126a Dyckman Street
$2,326,261
$455/SF
Building Size
5,110 SF
Asset Type
Retail
Closing
Apr 8, 2025
AI
The retail asset located at 126 Dyckman Street & 126a Dyckman Street in Manhattan has a sale price of $2,326,261. The property encompasses a total area of 2,720 square feet, resulting in a price per square foot of $855.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,326,261
- Square Footage: 2,720
- Price Per Square Foot: $855
- Buyer: Fred Khalili
- Seller: Emily Russo
- Brokers: Brian Whelan, Mitchel Flaherty, Jonathan Auerbach & Jake Shapiro - Ripco
- Date of Transaction: 4/9/2025
Fred Khalili is the buyer in this transaction, while Emily Russo is the seller. The deal was facilitated by brokers Brian Whelan, Mitchel Flaherty, Jonathan Auerbach, and Jake Shapiro, who are affiliated with Ripco.
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
6.82%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93