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120 Haven Avenue

Two80 Real Estate Ventures Purchases Multifamily Asset From Marina Kafarski For $5,025,000
SOLDMultiFamily

Two80 Real Estate Ventures Purchases Multifamily Asset From Marina Kafarski For $5,025,000

120 Haven Avenue

$5,025,000

$195/SF

Building Size

25,755 SF

Asset Type

MultiFamily

Closing

May 31, 2026

AI

The property asset sold is a multifamily building located at 120 Haven Avenue in Washington Heights. The sale was completed on June 1, 2026, for a total price of $5,025,000. The building encompasses a total area of 25,755 square feet, which translates to a price per square foot of $195.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,025,000
  • Address: 120 Haven Avenue
  • Market: Washington Heights
  • Square Footage: 25,755
  • Price Per Square Foot: $195
  • Buyer: Two80 Real Estate Ventures
  • Seller: Marina Kafarski
  • Brokers: Seth Glasser, Michael (Mike) Fusco, Jake Kahn, Christopher Mehran - Marcus & Millichap

The transaction involved notable individuals including the buyer, Two80 Real Estate Ventures, and the seller, Marina Kafarski. The brokerage firm involved in facilitating this deal was Marcus & Millichap, represented by brokers Seth Glasser, Michael (Mike) Fusco, Jake Kahn, and Christopher Mehran.

Players

Michael Fusco

Marcus & Millichap

Broker

$581.1M

vol

89 deals

Broker
TV
Two80 Real Estate VenturesBuyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.16%

Cash-on-Cash

-0.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93