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258 West 12th Street

Updated Oct 28, 2026

258 West 12th Street
SOLDMultiFamily

258 West 12th Street

258 West 12th Street

$8,955,000

$2,177/SF

Building Size

4,112 SF

Asset Type

MultiFamily

Closing

Sep 3, 2026

About this deal

AI

The property asset involved in this transaction is a MultiFamily building located at 258 West 12th Street in the West Village. The sale was finalized for a total amount of $8,955,000, consisting of 4 units. The overall square footage of the property is 4,112, leading to a price per unit of $2,238,750 and a price per square foot of $2,177.

Summary of transaction details:

Key individuals involved in this deal include Howard Eiferman and Boruch Okunov, who are the buyers of the property. The transaction was facilitated by David Kornmeier, who represented the brokerage Brown Harris Stevens in this sale.

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$8,955,000

$2,177/SF

MultiFamily

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Players

David Kornmeier

Brown Harris Stevens

Broker

$76.2M

vol

2 deals

Broker

Howard Eiferman

Buyer

$12.9M

vol

2 deals

Buyer
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $2.2K per square foot on a published $9M for 4,112 square feet (2026).

Visit David Kornmeier to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.77%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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