Updated Oct 30, 2026
Benjamin Ohebshalom Of Sky Management Purchases Multifamily Building In Lenox Hill For $14M
117 East 77th Street
$14,000,000
$474/SF
Building Size
29,500 SF
Asset Type
MultiFamily
Closing
Oct 22, 2026
About this deal
AI
The transaction involved a multi-family residential building located at 117 East 77th Street in the Lenox Hill market of Manhattan. The sale price for the property was $14,000,000, with a total square footage of 29,500, resulting in a price per square foot of $475.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $14,000,000
- Buyer: Benjamin Ohebshalom
- Buyer Agency: Sky Management
- Seller: Alan Plotnik
- Square Footage: 29,500
- Price Per Square Foot: $475
Sky Management, represented by Benjamin Ohebshalom, facilitated the acquisition of the property through Apex 77 LLC from the seller, Alan Plotnik. This transaction highlights the involvement of key individuals in the successful closure of the deal.
On the Map
$14,000,000
$474/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93