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:
- 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.
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