Ground-floor Retail Condo Sold In Manhattan For $1.3M With Brokers Shallini Mehra & Amit Doshi
2606 Broadway
$1,300,000
$717/SF
Building Size
1,811 SF
Asset Type
Retail
Closing
Apr 16, 2026
About this deal
AI
This retail condo, located at 2606 Broadway in Manhattan, has been sold for $1,300,000. The asset spans 1,811 square feet, resulting in a price per square foot of $717. It is situated on the ground floor within The Gramont Cooperative, surrounded by various established neighborhood businesses.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $1,300,000
- Square Footage: 1,811
- Price Per Square Foot: $717
- Address: 2606 Broadway
- Market: Manhattan
- Broker Representatives: Shallini Mehra & Amit Doshi - Meridian Capital Group
Shallini Mehra and Amit Doshi represented the transaction, acting as broker representatives for the deal involving this retail condo. The unit is one of six retail condos adjacent to notable tenants such as Dunkin Donuts/Baskin Robins, 99 Cent Plant, Petqua, and NY Smile Dental.
On the Map
$1,300,000
$717/SF
Retail
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Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
About $717 per square foot on a published $1.3M for 1,811 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93