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250 West 85th Street

Benchmark Real Estate Group Purchases 250 West 85th Street Multifamily From Robert Ross For $66M
SOLDMultiFamily

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

Aaron Jungreis

Rosewood Realty Group

Broker

$4.3B

vol

205 deals

Broker
Rosewood Realty Group
Rosewood Realty GroupBrokerage
Jordan Vogel

Jordan Vogel

Buyer

$262.1M

vol

11 deals

Buyer

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