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
Seller Track Record
Birchwood Properties is an established Manhattan owner-operator with a proven portfolio of mixed-use and multifamily assets, demonstrating institutional credibility and successful execution history.
Pricing Alignment
The $1,215/SF price point is consistent with recent Yorkville comparable sales, indicating fair market valuation without distressed or inflated pricing anomalies.
Broker Execution Quality
Meridian Capital's David Schechtman brings $1.8B in transaction volume and high-volume execution capability, reducing deal execution risk.
Buyer Identity Opacity
Undisclosed buyer identity limits credit quality assessment and raises uncertainty around asset stewardship and future operational strategy.
Financing Details Missing
Absence of loan terms, leverage ratio, and lender information prevents full underwriting analysis and debt service sustainability evaluation.
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 Identity & Credit Profile
Revealing the buyer's institutional standing, fund size, or operating track record would validate credit quality and long-term stewardship confidence.
Publish Financing Details
Providing loan amount, rate, term, LTV, and lender identity would enable complete debt service and leverage analysis.
Document Lease Rollover & Tenant Quality
Detailing residential and retail tenant lease expirations, credit profiles, and rent growth trajectory would strengthen income stability underwriting.
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 NEARBY MARKETS NEIGHBORHOODS Long Island City West Astoria Long Island City Central Woodside Old Astoria Steinway Clinton Midtown Lincoln Square Upper West Side Upper East Side East Harlem South BOROUGHS Staten Island Bronx Queens Manhattan Brooklyn CITIES Paterson Hackensack Bayonne Paramus East Orange Hoboken Newark Clifton Jersey City West New York Linden Fort Lee STATES North Carolina Virginia West Virginia Michigan Massachusetts Pennsylvania Vermont South Carolina New Hampshire District of Columbia New Jersey 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 Minnesota Mississippi Missouri Montana Nebraska Nevada New Mexico North Dakota Ohio Oklahoma Oregon Rhode Island South Dakota Tennessee Texas Utah Washington 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