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10 West 108th Street

Josh Landau & David Schneiderman Of Four Winds Real Estate Sell Multifamily Asset In Manhattan For $17.8M
SOLDMultiFamily

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:

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

Justin Arzi

CBRE

Broker

$1.2B

vol

38 deals

Broker

Josh Landau

Four Winds Real Estate

Seller

$66.4M

vol

4 deals

Seller

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