David Brecher Acquires Multi-Family Property At 1384 Riverside Drive From Vincent Garrow For $24.05M
1384 Riverside Drive
$24,051,782
$168/SF
Building Size
142,600 SF
Asset Type
MultiFamily
Closing
Feb 20, 2026
AI
David Brecher acquired a multi-family property located at 1384 Riverside Drive in Hudson Heights, Manhattan. The property spans 142,600 square feet and was sold for $24,051,782, which equates to approximately $169 per square foot. The transaction was completed on February 20, 2026, with Vincent Garrow as the seller.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $24,051,782
- Address: 1384 Riverside Drive
- Market: Hudson Heights, Manhattan
- Square Footage: 142,600
- Price Per Square Foot: $169
- Buyer: David Brecher
- Seller: Vincent Garrow
- Sale Date: 02/20/2026
This transaction highlights the involvement of David Brecher as the buyer and Vincent Garrow as the seller, finalizing the deal on February 20, 2026. The acquisition reflects the strategic interests of Brecher in the Hudson Heights market.
Players
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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93