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704 Broadway

ZB Capital Group Acquires Retail Condominium In Noho Manhattan For $4.9M With Matthew Marshall As The Broker
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

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:

Matthew Marshall represented the seller, Gould Investors LP, in this transaction, facilitating the sale between the buyer, ZB Capital Group, and the seller company.

Players

Matthew Marshall

Marshall Real Estate

Broker

$147.4M

vol

27 deals

Broker
ZG
ZB Capital GroupBuyer

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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