Updated Oct 5, 2026
John C. Park Acquires Multifamily Property At 17 East 7th Street For $6.6M From Jordan Vogel
17 East 7th Street
$6,600,000
$906/SF
Building Size
7,280 SF
Asset Type
MultiFamily
Closing
Sep 23, 2026
About this deal
AI
A multifamily property was sold at 17 East 7th Street in Manhattan. The asset totals 7,280 square feet and was transacted for $6.6 million, resulting in a price per square foot of $907.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $6,600,000
- Buyer: John C. Park
- Seller: Jordan Vogel - Benchmark Real Estate Group
- Market: Manhattan
- Date of Transaction: September 23, 2026
Jordan Vogel represented Benchmark Real Estate Group in the transaction, facilitating the sale to buyer John C. Park, marking a significant deal in the Manhattan real estate market.
On the Map
$6,600,000
$906/SF
MultiFamily
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New York 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
2.40%
Cash-on-Cash
-0.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93