Jonathan Wiener Of Chestnut Holdings Acquires Multifamily Building At 155 East 96th Street For $9.4M
155 East 96th Street
Building Size
—
Asset Type
MultiFamily
Closing
May 19, 2026
AI
The property asset involved in this transaction is a 40-unit multifamily elevator building located at 155 East 96th Street in Carnegie Hill, Manhattan. The building has a total square footage of 37,065 and a buildable square footage of 94,860. The transaction was completed at a price of $9.4 million.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $9.4 million
- Address: 155 East 96th Street
- Market: Carnegie Hill, Manhattan
- Square Footage: 37,065
- Units: 40
- Buildable Square Footage: 94,860
- Buyer: Jonathan Wiener - Chestnut Holdings
- Seller: Matthew J. Gould - Gould Investors
Chestnut Holdings of New York, represented in the deal by Jonathan Wiener, acquired the property through 96th Street Realty LLC. The transaction was officially recorded on May 26, 2026, following its closure on May 19, 2026. The buyer has indicated an intention to implement a cash-flow strategy for the asset.
Players
Brooklyn 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93