Updated Feb 2, 2026
Peter Von Der Ahe, Seth Glasser & Jake Kahn Sell Multifamily Property On Wadsworth Avenue In Fort George, Washington Heights For $7.8M
258 Wadsworth Avenue, Manhattan, New York, NY, USA
$7,800,000
$179/SF
Building Size
43,575 SF
Asset Type
MultiFamily
Closing
Jun 22, 2020
About this deal
AI
The multifamily property located at 258 Wadsworth Avenue in Fort George, Washington Heights was recently sold for a total price of $7,800,000. The sale was facilitated by brokers Peter Von Der Ahe, Seth Glasser, and Jake Kahn from New York Multifamily and Marcus Millichap NY. This transaction took place on June 22, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $7,800,000
- Address: 258 Wadsworth Avenue
- Market: Fort George, Washington Heights
The property consists of a total of 49 units, with an average price per unit of $159,183. The total square footage of the property is 43,575, resulting in an average price per square foot of $179.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93