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306 West 78th Street

Updated Sep 2, 2026

Joseph P. Bari Of JPB Enterprises Purchases 9-Unit Multifamily At 306 West 78th Street For $5.7M
SOLDMultiFamily

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.

Players

Joseph P. Bari

JPB Enterprises

Buyer

$5.7M

vol

1 deal

Buyer

Reginald White

Seller

$11.3M

vol

2 deals

Seller

West MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $1K per square foot on a published $5.7M for 5,648 square feet (2026).

Visit Reginald White to view all their deals.

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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

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