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153 Duane Street

Gabriel Weiser Acquires Retail Property From ASG Equities In Tribeca For $2.7M
SOLDRetail

Gabriel Weiser Acquires Retail Property From ASG Equities In Tribeca For $2.7M

153 Duane Street

$2,700,000

$1,285/SF

Building Size

2,100 SF

Asset Type

Retail

Closing

Jul 8, 2025

AI

This transaction involved a retail property located at 153 Duane Street, also known as 130 West Broadway, situated in the Tribeca market. The asset was sold for a total of $2,700,000, covering a square footage of 2,100, which equates to a price per square foot of $1,285.

Summary of transation details:

The deal was facilitated by several brokers from KSR, including Jack Khaski, Albert Manopla, Barry Fishbach, Freddy Souid, George Skaliarinis, and Mark Gallucci, who represented the involved parties in this transaction.

Players

Albert Manopla

Kassin Sabbagh Realty

Broker

$4.3M

vol

83 deals

Broker
Kassin Sabbagh Realty
Kassin Sabbagh RealtyBrokerage

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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93