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12 West 104th Street

Hubb NYC Acquires Multifamily Property At 12 West 104th Street Manhattan For $6.85M
SOLDMultiFamily

Hubb NYC Acquires Multifamily Property At 12 West 104th Street Manhattan For $6.85M

12 West 104th Street

$6,850,000

$608/SF

Building Size

11,265 SF

Asset Type

MultiFamily

Closing

May 20, 2026

AI

The property at 12 West 104th Street, located in the Manhattan market, is a multifamily asset consisting of 16 units. The sale took place for a total of $6,850,000, resulting in a price per unit of $428,125. The total square footage of the asset is 11,265, which gives a price per square foot of $608.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,850,000
  • Units: 16
  • Price Per Unit: $428,125
  • Square Footage: 11,265
  • Price Per Square Foot: $608
  • Buyer: Hubb NYC
  • Brokers: Robert (Rob) Shapiro, Ian Brooks, Nicholas Kontos & David Garcia - CBRE
  • Transaction Date: 5/21/2026

The deal was facilitated by Robert (Rob) Shapiro, Ian Brooks, Nicholas Kontos, and David Garcia representing the buyer, Hubb NYC. Their expertise within the CBRE brokerage contributed to the transaction, marking a successful acquisition in the multifamily sector.

Players

Ian Brooks

CBRE

Broker

$448.8M

vol

53 deals

Broker
HUBB NYC
HUBB NYCBuyer

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

2.32%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93