Updated Aug 26, 2025
JLL Brokers Sell NYC Multifamily Property For $6.075M At 304 West 102nd Street
304 West 102nd Street
$6,075,000
$616/SF
Building Size
9,850 SF
Asset Type
MultiFamily
Closing
Feb 28, 2023
About this deal
AI
The multifamily property located at 304 West 102nd Street in New York City has been sold in a recent transaction. The property consists of 15 units, with an average price per unit (PPU) of $405,000. The total square footage of the property is 9,850, resulting in a price per square foot (PPSF) of $617. The sale price for this transaction was $6,075,000.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $6,075,000
- Units: 15
- PPU: $405,000
- Total Square Footage: 9,850
- PPSF: $617
The sale of this property was facilitated by JLL, represented by brokers Hall Oster, Paul Smadbeck, Teddy Galligan, Conrad Martin, and Braedon Gait. The lending institution involved in the transaction was Chase, with Andrew Essick serving as the lender.
Players
Market 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
2.61%
Cash-on-Cash
-0.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93