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155 East 96th Street

Updated May 28, 2026

Jonathan Wiener Of Chestnut Holdings Acquires Multifamily Building At 155 East 96th Street For $9.4M
SOLDMultiFamily

Jonathan Wiener Of Chestnut Holdings Acquires Multifamily Building At 155 East 96th Street For $9.4M

155 East 96th Street

Units

37,065

Asset Type

MultiFamily

Closing

May 19, 2026

About this deal

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.

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Players

Jonathan Wiener

Chestnut Holdings

Buyer

$165.6M

vol

24 deals

Buyer

Matthew J. Gould

Gould Investors

Seller

1 deal

Seller
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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

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