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250 East Houston Street

Updated Oct 14, 2026

Atlas Capital Group Acquires Multifamily Asset At 250 East Houston Street For $112.25M
SOLDMultiFamily

Atlas Capital Group Acquires Multifamily Asset At 250 East Houston Street For $112.25M

250 East Houston Street

$112,250,000

$1,143/SF

Building Size

98,153 SF

Asset Type

MultiFamily

Closing

Jan 14, 2026

About this deal

AI

The property asset involved in the transaction is located at 250 East Houston Street, in the East Village market. This multifamily asset consists of 130 units, encompassing a total square footage of 98,153. The sale was executed for a total price of $112,250,000, resulting in a price per unit of $863,461 and a price per square foot of $1,143.

Summary of transaction details:

The deal was brokered by a team from JLL, comprising Rob Hinckley, Jeffrey Julien, Steven Rutman, Guthrie Garvin, and Devon Warren. These professionals facilitated the transaction between the buyer, Atlas Capital Group, and the sellers, Dermot Company & Rockwood.

On the Map

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$112,250,000

$1,143/SF

MultiFamily

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Players

Guthrie Garvin

JLL

Broker

$1B

vol

43 deals

Broker
JLL
JLLBrokerage
Atlas Capital Group
Atlas Capital GroupBuyer
Rockwood
RockwoodSeller
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $112.3M for 98,153 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.14%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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