Updated Sep 21, 2026
Marcus & Millichap Brokers $5 Million Sale Of 35-Unit Multifamily At 120 Haven Avenue
120 Haven Avenue
$5,000,000
Units
35
Asset Type
MultiFamily
Closing
Sep 11, 2026
About this deal
AI
120 Haven Avenue is a five-story, 35-unit apartment building located in the Upper Manhattan market. The property was transacted for a total price of $5,000,000, resulting in a price per unit of $142,857.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,000,000
- Units: 35
- Price per Unit: $142,857
Seth Glasser, Michael Fusco, Christopher Mehran, and Jacob Kahn of Marcus & Millichap represented both the anonymous seller and buyer in this transaction, with Jacob Kahn also facilitating the acquisition financing.
On the Map
$5,000,000
MultiFamily
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Players
Haven 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93