Salomon Cojab Of Visabe Corp Acquires Retail Condos From IGI Group For $6.3M
310 East 86th Street
$6,300,000
$1,030/SF
Building Size
6,115 SF
Asset Type
Retail
Closing
Sep 25, 2026
About this deal
AI
310 East 86th Street is a retail asset located in the Upper East Side market, consisting of three fully leased retail condos at the base of The Harper. The property was sold for $6,300,000, covering a total area of 6,115 square feet, which translates to a price per square foot of $1,030.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,300,000
- Square Footage: 6,115
- Price Per Square Foot: $1,030
- Buyer: Salomon Cojab - Visabe Corp
- Seller: IGI Group
- Broker: Glenn Tolchin - Upland Property Advisors
Salomon Cojab, representing Visabe Corp, completed the acquisition, facilitated by Glenn Tolchin from Upland Property Advisors, on September 25, 2026. The transaction highlights the involvement of IGI Group as the seller in this closed retail property deal.
On the Map
$6,300,000
$1,030/SF
Retail
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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
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93