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

Property Image
SOLD
$112,250,000
Jeffrey (Jeff) Julien
Steven Rutman
+ 2

New York

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MultiFamily98,153 SF
Sold 01/15/2026
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Property Image
SOLD

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

250 East Houston Street

See Similar Deals
MultiFamily98,153 SF
Sold 01/15/2026
Jeffrey (Jeff) Julien
Steven Rutman
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,143
Total Square Footage:98,153 SF
Transaction Type:Sale

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.

Players

Jeffrey (Jeff) Julien
58 deals$9B volume
BROKER

Guthrie Garvin
JLL
42 deals$991.4M volume
BROKER

Rob Hinckley
JLL
82 deals$11.7B volume
BROKER

Steven Rutman
JLL
66 deals$8.8B volume
BROKER

Devon Warren
JLL
3 deals$484.8M volume
BROKER

JLL
BROKERAGE

Details

SOLD
IMAGE: Rob Hinckley, Guthrie Garvin, Jeffrey Julien, Devon Warren & Steven Rutman DATE: 1/15/2026 ADDRESS: 250 East Houston Street MARKET: East Village ASSET TYPE: Multifamily BUYER: Atlas Capital Group SELLER: Dermot Company & Rockwood BROKERS: Rob Hinckley, Jeffrey Julien (@Jeff.Julien), Steven Rutman (@StevenRutman), Guthrie Garvin (@GuthrieGarvin) & Devon Warren - JLL (@JLL) SALE PRICE: $112,250,000 UNITS: 130 ~ PPU: $863,461 SF: 98,153 ~ PPSF: $1,143

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

$5,986,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$398,800.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$532,122.27
Annual Debt Service$6,385,467.21