Luca Bhalla And David Soroudi Acquire Retail Property At 43 East 30th Street For $3,050,000
43 East 30th Street
$3,050,000
$696/SF
Building Size
4,382 SF
Asset Type
Retail
Closing
Apr 30, 2026
About this deal
AI
The retail asset is located at 43 East 30th Street in the Manhattan market. The transaction involved a sale price of $3,050,000 for a total square footage of 4,382, translating to a price per square foot of $696.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,050,000
- Buyer: Luca Bhalla & David Soroudi - PJ Capital Partners
- Seller: Langsam Property Services Corp.
- Broker: Matthew Marshall - Marshall Real Estate
The deal was facilitated by Matthew Marshall representing the broker during the transaction, ensuring all parties were well-assured throughout the process.
On the Map
$3,050,000
$696/SF
Retail
View full map
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Matthew Marshall to view all their deals.
Browse New York retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93