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7 New York Avenue Northeast

Isaac Pinto Acquires Multifamily Asset At 7 New York Avenue NE For $26.88M With Debt And Equity
FINANCEDMultiFamily

Isaac Pinto Acquires Multifamily Asset At 7 New York Avenue NE For $26.88M With Debt And Equity

7 New York Avenue Northeast

$26,875,000

$450/SF

Building Size

59,718 SF

Asset Type

MultiFamily

Closing

Apr 22, 2026

AI

The multifamily asset involved in this transaction encompasses 59,718 square feet, situated at 7 New York Avenue Northeast in Washington, DC. The total capital amount for the deal is $26,875,000, which combines both debt and equity financing.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $26,875,000
  • Address: 7 New York Avenue Northeast
  • Market: Washington, DC
  • Capital Type: Debt & equity
  • Lender: Benjamin Goldberg
  • Landlord: Isaac Pinto
  • Broker Representatives: Max Hulsh, Max Herzog & Marko Kazanjian - Institutional Property Advisors

This deal features key individuals such as Isaac Pinto, who serves as the landlord, and Benjamin Goldberg, acting as the lender. The brokerage team consisted of Max Hulsh, Max Herzog, and Marko Kazanjian from Institutional Property Advisors, who facilitated the transaction.

Players

Marko Kazanjian

Institutional Property Advisors

Broker

$5.4B

vol

71 deals

Broker

Washington MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.59%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93