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10 Saint Marks Place

David Habif Of The Habif Group Acquires Multifamily Asset At 10 Saint Marks Place For $7.5M
SOLDMultiFamily

David Habif Of The Habif Group Acquires Multifamily Asset At 10 Saint Marks Place For $7.5M

10 Saint Marks Place

$7,500,000

$691/SF

Building Size

10,840 SF

Asset Type

MultiFamily

Closing

Jun 17, 2026

AI

The property asset involved in the transaction is a multifamily building located at 10 Saint Marks Place in the East Village market. The sale price for this asset was $7,500,000, comprising 20 units in total. The building has a total square footage of 10,840, resulting in a price per unit of $375,000 and a price per square foot of $691.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,500,000
  • Units: 20
  • Square Footage: 10,840
  • Price Per Unit: $375,000
  • Price Per Square Foot: $691
  • Buyer: David Habif - The Habif Group
  • Seller: Robert Spatz & Charles Spatz
  • Date of Sale: 6/18/2026

The transaction featured David Habif as the buyer, representing The Habif Group, while the sellers were Robert Spatz and Charles Spatz. The sale is indicative of the active multifamily market within the East Village area, and the transaction showcases the ongoing demand for residential units in this location.

Players

David Habif

Buyer

$67.3M

vol

10 deals

Buyer

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · 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