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303 West 74th Street

Updated May 21, 2025

Bilt advertisement
NU Acquires Multifamily Property From The Dietrich Family For $3.45M In Upper West Side
SOLDMultiFamily

NU Acquires Multifamily Property From The Dietrich Family For $3.45M In Upper West Side

303 West 74th Street

$3,450,000

$417/SF

Building Size

8,255 SF

Asset Type

MultiFamily

Closing

May 11, 2025

About this deal

AI

The multifamily property located at 303 West 74th Street in the Upper West Side has been sold for $3,450,000. The asset comprises 10 units and has a total square footage of 8,255, which results in a price per unit of $345,000 and a price per square foot of $417.

Summary of transaction details:

Zach Ehrlich, representing NU, completed the purchase from The Dietrich Family with the assistance of brokers Paul Smadbeck, Hall Oster, Teddy Galligan, Conrad Martin, and Braedon Gait from JLL, showcasing a collaborative effort in this transaction.

Players

Hall Oster

JLL

Broker

$2.2B

vol

91 deals

Broker
NU
Neue UrbanBuyer

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $417 per square foot on a published $3.5M for 8,255 square feet (2025).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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