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Hadar Goldman Sells Multifamily Portfolio In Upper West Side And East Village For $8.7M

Property Image
SOLD
$8,700,000
Matt Fotis
Michael Weinstein
+ 1

New York

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MultiFamily10,918 SF
Sold 12/16/2025
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Property Image
SOLD

Hadar Goldman Sells Multifamily Portfolio In Upper West Side And East Village For $8.7M

169 West 83rd Street & 407 East 6th Street

See Similar Deals
MultiFamily10,918 SF
Sold 12/16/2025
Matt Fotis
Michael Weinstein
+ 1
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$796
Total Square Footage:10,918 SF
Transaction Type:Sale

The portfolio located at 169 West 83rd Street and 407 East 6th Street comprises multifamily assets in the Upper West Side and East Village markets. This transaction involved a total of 9 units and spans an area of 10,918 square feet, with a price per unit of $966,667 and a price per square foot of $797. The total sale price for this property was $8,700,000.

Summary of transaction details:

This transaction was facilitated by brokers Michael Weinstein, Matt Fotis, and Colton Traynham, collectively representing the seller, Hadar Goldman, in the deal. Their involvement underscores the collaborative efforts in the property brokerage industry, contributing to the success of this transaction.

Players

Matt Fotis
111 deals$598M volume(212) 430-5234
BROKER

Colton Traynham
Marcus & Millichap
17 deals$115.2M volume
BROKER

Michael Weinstein
Marcus & Millichap
9 deals$48.1M volume(212) 430-5122
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Michael Weinstein, Matt Fotis & Colton Traynham DATE: 12/16/2025 ADDRESS: 169 West 83rd Street & 407 East 6th Street - Portfolio MARKET: Upper West Side & East Village ASSET TYPE: Multifamily SELLER: Hadar Goldman BROKERS: Michael Weinstein (@MikeWein_), Matt Fotis (@FotisMatt) & Colton Traynham (@Col_Tray) - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $8,700,000 UNITS: 9 ~ PPU: $966,667 SF: 10,918 ~ PPSF: $797

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$463,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,242.44
Annual Debt Service$494,909.26