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2606 Broadway

Ground-floor Retail Condo Sold In Manhattan For $1.3M With Brokers Shallini Mehra & Amit Doshi
SOLDRetail

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

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.

Players

Shallini Mehra

Meridian Capital Group

Broker

$1.1B

vol

78 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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93