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624 West 176th Street

Jesse Deutch Of Two80 Real Estate Ventures Purchases Multifamily Asset From Barry Rudofsky For $7.5M
SOLDMixed-use

Jesse Deutch Of Two80 Real Estate Ventures Purchases Multifamily Asset From Barry Rudofsky For $7.5M

624 West 176th Street

$7,500,000

$161/SF

Building Size

46,500 SF

Asset Type

Mixed-use

Closing

Oct 26, 2025

AI

The property asset involved in the transaction is a multifamily residential building located at 624 West 176th Street in Washington Heights, Manhattan. The property comprises 52 units, with a total square footage of 46,500. The sale was completed for a transaction amount of $7,500,000, resulting in a price per unit of $144,231 and a price per square foot of $161.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,500,000
  • Units: 52
  • Square Footage: 46,500
  • Price Per Unit: $144,231
  • Price Per Square Foot: $161
  • Buyer: Jesse Deutch - Two80 Real Estate Ventures
  • Seller: Barry Rudofsky - Bronstein Properties
  • Date of Transaction: 10/26/2025
  • Market: Washington Heights, Manhattan

The buyer, Jesse Deutch, represented Two80 Real Estate Ventures in this transaction, while the seller, Barry Rudofsky, represented Bronstein Properties. Two80 Real Estate Ventures, via 624 West 176th Realty LLC, facilitated the payment for the property in this closed transaction.

Players

Jesse Deutch

Buyer

$61.1M

vol

8 deals

Buyer
Barry Rudofsky

Barry Rudofsky

Bronstein Properties

Seller

$75.5M

vol

6 deals

Seller
BP
Bronstein PropertiesSeller

New York Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93