Benchmark Real Estate Group Purchases 250 West 85th Street Multifamily From Robert Ross For $66M
250 West 85th Street
$66,000,000
$590/SF
Building Size
111,811 SF
Asset Type
MultiFamily
Closing
Aug 28, 2025
AI
The property asset involved in this transaction is a multifamily unit located at 250 West 85th Street in the Upper West Side. The sale price was $66,000,000 for a total square footage of 111,811, which translates to a price per square foot of $590.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $66,000,000
- Address: 250 West 85th Street
- Market: Upper West Side
- Square Footage: 111,811
- Price per Square Foot: $590
- Buyer: Benchmark Real Estate Group - Jordan Vogel
- Seller: Robert Ross
- Brokers: Aaron Jungreis, Ben Khakshoor & Alex Fuchs - Rosewood Realty Group
The transaction featured key individuals including Jordan Vogel representing the buyer, Benchmark Real Estate Group, and Robert Ross as the seller. The brokerage representation was handled by Aaron Jungreis, Ben Khakshoor, and Alex Fuchs from Rosewood Realty Group, showcasing a collaborative effort in this multifamily property deal.
Players
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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93