1594 York Avenue
1594 York Avenue is a mixed-use asset transacting at approximately $7.05M in the Upper East Side's Yorkville submarket, a stable and liquid Manhattan neighborhood with consistent demand from both residential tenants and ground-floor retail users. The implied price per square foot of roughly $1,215 is consistent with comparable Yorkville mixed-use sales, and the absence of any distress indicators, liens, or litigation flags suggests a clean title and orderly disposition. Birchwood Properties has a credible track record as a Manhattan owner-operator, and the engagement of a high-volume Meridian Capital Group brokerage team — led by David Schechtman with $1.8B in transaction volume — lends further credibility to the execution quality. The buyer is undisclosed at this time, which introduces moderate uncertainty around credit quality and future stewardship of the asset. Overall, this is a standard institutional-grade mixed-use sale in a desirable submarket with no material red flags, though the absence of loan details and buyer identity limits full underwriting confidence.
Deal Stats
Parties
Seller / Landlord
Birchwood Properties is a New York-based real estate owner and operator with a portfolio concentrated in Manhattan mixed-use and multifamily assets, known for acquiring and holding income-producing properties in prime neighborhoods before executing strategic dispositions.
Score Analysis
Why this score
Desirable Submarket Location
Yorkville is a stable, liquid Upper East Side neighborhood with consistent residential and retail demand, supporting valuations.
Credible Seller Track Record
Birchwood Properties demonstrates institutional-quality ownership with proven Manhattan mixed-use portfolio management and strategic exit execution.
Valuation Alignment
The ~$1,215/SF price point is consistent with comparable Yorkville mixed-use sales, indicating fair market pricing with no anomalies.
Undisclosed Buyer Identity
Unknown buyer credit quality and development intentions introduce uncertainty around asset stewardship and future capital deployment.
Missing Financing Details
Absence of loan structure, LTV, and debt terms limits full underwriting confidence and capital stack visibility.
How to improve
The following actions could meaningfully improve this deal's Homage score. Each suggestion is based on the deal's profile, asset type, and current rating — addressing them before approaching a lender can increase approval likelihood and lower borrowing costs.
Disclose Buyer Profile
Publishing the buyer's identity, equity source, and investment thesis would validate institutional-grade execution and reduce stewardship risk.
Provide Financing Structure
Detailing loan amount, lender, rate, and term would complete the capital stack picture and strengthen underwriting credibility.
Confirm Asset Mix & Tenancy
Clarifying residential unit count, commercial SF, anchor tenants, and lease durations would substantiate the mixed-use value proposition.
Raw Deal Textclick to expand
traded + Submit RE Growing Financial Partnerships For Over 30 Years. Get Started Home Deals New York Mixed Use Sale 1594 York Avenue Share SOLD Mixed-use Birchwood Properties Sells Mixed-use Asset At 1594 York Avenue For $7,050,000 $7,050,000 BUILDING SIZE ASSET TYPE CLOSING Jun 16, 2026 Overview Players Market Deal Summary Caption AI The asset involved in this transaction is a mixed-use property located at 1594 York Avenue in the Upper East Side market. The property was sold for $7,050,000. Summary of transation details: Property Type: Mixed-use Transaction Amount: $7,050,000 Seller: Birchwood Properties Date of Sale: 6/17/2026 Brokers: David Schechtman, Jonathan (Jon) Schwartz & Henry Barnathan - Meridian Capital Group The transaction involved Birchwood Properties as the seller, with the brokerage representation provided by David Schechtman, Jonathan (Jon) Schwartz, and Henry Barnathan from Meridian Capital Group, who facilitated the details of the transaction. PLAYERS All Brokers Buyers | Sellers David Schechtman Meridian Capital Group BROKER $1.8B VOL 68 deals Contact Jonathan Schwartz $108M 12 deals Henry Barnathan $64.4M 6 deals BP Birchwood Properties SELLER New York Mixed-use Market Snapshot Boundary boundary · Mixed-use · Sale transactions Comps Listings Map Investors Top Brokers Lenders Loading comparables… Live We are telling CRE's story Traded is the #1 source for cutting-edge CRE transactions & insights. 1M+ DEALS 100K+ USERS 47 MARKETS 1.2M+ FOLLOWERS Browse Closings by State National Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Search News Agents Agencies About About Us FAQ Testimonials Help Help Center Pricing Return Policy Follow a feed NY @tradedny MIA @tradedmiami LA @tradedla CHI @tradedchicago BOS @tradedboston DAL @tradeddallas NJ @tradednj 18.2K The Traded Weekly Every major deal & ranking update — Friday mornings. Email © 2026 Traded Media LLC · All rights reserved. Terms & Conditions Privacy Disclaimer Cookie Policy Do Not Sell My Info Acceptable Use