Updated Sep 2, 2026
Joseph P. Bari Of JPB Enterprises Purchases 9-Unit Multifamily At 306 West 78th Street For $5.7M
306 West 78th Street
$5,700,000
$1,009/SF
Building Size
5,648 SF
Asset Type
MultiFamily
Closing
Aug 19, 2026
About this deal
AI
The asset involved in the transaction is a nine-unit residential walkup located at 306 West 78th Street in the Upper West Side of Manhattan. The property was sold for $5,700,000 and spans a total square footage of 5,648. The price per square foot for this property is $1,009, while the price per unit amounts to $633,333.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,700,000
- Sale Date: August 19, 2026
- Address: 306 West 78th Street
- Market: Upper West Side, Manhattan
- Total Square Footage: 5,648
- Price per Square Foot: $1,009
- Units: 9
- Price per Unit: $633,333
- Buyer: Joseph P. Bari - JPB Enterprises
- Seller: Reginald White
Joseph P. Bari, representing JPB Enterprises, acquired the property from seller Reginald White. The transaction was finalized on August 19 and recorded on August 28.
On the Map
$5,700,000
$1,009/SF
MultiFamily
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Players
West 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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93