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115 West 87th Street

Updated Sep 2, 2026

Leah Chen Baker Clardy Purchases Upper West Side Multifamily Property For $4.5 Million
SOLDMultiFamily

Leah Chen Baker Clardy Purchases Upper West Side Multifamily Property For $4.5 Million

115 West 87th Street

$4,500,000

$1,171/SF

Building Size

3,840 SF

Asset Type

MultiFamily

Closing

Aug 10, 2026

About this deal

AI

Leah Chen Baker Clardy purchased a multifamily property located at 115 West 87th Street in the Upper West Side of Manhattan. The asset was sold for $4.5 million, encompassing a total area of 3,840 square feet. The sale concluded at a price per square foot of $1,172.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,500,000
  • Address: 115 West 87th Street
  • Market: Upper West Side, Manhattan
  • Square Footage: 3,840
  • Price Per Square Foot: $1,172
  • Buyer: Leah Chen Baker Clardy
  • Seller: Todd Schwartz

The transaction involved Leah Chen Baker Clardy as the buyer and Todd Schwartz as the seller, representing a significant residential real estate deal in Manhattan's competitive market. The sale highlights the active nature of multifamily property transactions in this area.

On the Map

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$4,500,000

$1,171/SF

MultiFamily

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Players

Todd Schwartz

Seller

$61.3M

vol

9 deals

Seller
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $4.5M for 3,840 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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