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165 East 90th Street

Multifamily Portfolio At 165-173 E 90th Street Sold For $22.85M With Newmark's Representation
SOLDMultiFamily

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:

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

Adam Doneger

Newmark

Broker

$50.6B

vol

194 deals

Broker

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