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126 Dyckman Street

Fred Khalili Purchases Retail Asset At 126 Dyckman Street From Emily Russo For $2.33M
SOLDRetail

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:

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

Brian Whelan

Ripco

Broker

$137.6M

vol

31 deals

Broker

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