Josh Landau & David Schneiderman Of Four Winds Real Estate Sell Multifamily Asset In Manhattan For $17.8M
10 West 108th Street
$17,800,000
$424/SF
Building Size
41,940 SF
Asset Type
MultiFamily
Closing
Sep 30, 2025
AI
The property asset involved in the transaction is a multifamily building located at 4-10 West 108th Street in Manhattan. The sale price for this property was $17,800,000. The asset comprises a total of 50 units, with a per unit price of $356,000. It has a total square footage of 41,940, translating to a price per square foot of $424.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $17,800,000
- Address: 4-10 West 108th Street
- Market: Manhattan
- Units: 50
- PPU: $356,000
- SF: 41,940
- PPSF: $424
- Seller: Josh Landau & David Schneiderman - Four Winds Real Estate
- Broker Representatives: Robert Shapiro, Ian Brooks, Daniel Kaplan, Justin Arzi, Nicholas Kontos & David Garcia - CBRE
The key individuals involved in this transaction include Josh Landau and David Schneiderman, representing the seller under Four Winds Real Estate. The deal was brokered by a team from CBRE including Robert Shapiro, Ian Brooks, Daniel Kaplan, Justin Arzi, Nicholas Kontos, and David Garcia, who facilitated the transaction without being directly involved as buyers or sellers.
Players
New York 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
0.89%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93