SOLDRetail
ZB Capital Group Acquires Retail Condominium In Noho Manhattan For $4.9M With Matthew Marshall As The Broker
704 Broadway
$4,900,000
$479/SF
Building Size
10,214 SF
Asset Type
Retail
Closing
Jun 23, 2026
About this deal
AI
The property asset involved in the transaction is a retail condominium located at 704 Broadway in the Noho market of Manhattan. The sale price was $4,900,000, and the total square footage is 10,214, with a price per square foot of $479. The retail condominium features 4,619 square feet on grade, 3,697 square feet in the basement, and a 1,897 square foot mezzanine.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,900,000
- Address: 704 Broadway
- Market: Noho, Manhattan
- Buyer: ZB Capital Group
- Seller: Gould Investors LP
- Broker: Matthew Marshall - Marshall Real Estate
- Square Footage: 10,214
- Price per Square Foot: $479
Matthew Marshall represented the seller, Gould Investors LP, in this transaction, facilitating the sale between the buyer, ZB Capital Group, and the seller company.
On the Map
$4,900,000
$479/SF
Retail
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Players
Market 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93