Multifamily Portfolio At 165-173 E 90th Street Sold For $22.85M With Newmark's Representation
165 East 90th Street
$22,750,000
$555/SF
Building Size
40,927 SF
Asset Type
MultiFamily
Closing
Jun 24, 2026
AI
The asset involved in this transaction is a multifamily property consisting of 5 buildings located at 165-173 E 90th Street in Carnegie Hill. The sale was completed for a total of $22,850,000. The property encompasses 72 units, offering a price per unit of $317,361, and has a total square footage of 40,927, resulting in a price per square foot of $558.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $22,850,000
- Units: 72
- Price Per Unit: $317,361
- Square Footage: 40,927
- Price Per Square Foot: $558
- Seller's Representation: Eric Roth, Adam Doneger, Daniel (Dan) O'Brien, Brett Siegel, & Tyler Signora - Newmark
This transaction features key representatives from Newmark, including Eric Roth, Adam Doneger, Daniel (Dan) O'Brien, Brett Siegel, and Tyler Signora, who facilitated the sale on behalf of the seller, ensuring a successful closure of the multifamily property deal.
Players
Market 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
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93