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313 E 92nd St, New York, NY...

Updated May 12, 2025

Bilt advertisement
Icon Realty Sells Upper East Side Multifamily Property To Kenji Yamada
SOLDMultiFamily

Icon Realty Sells Upper East Side Multifamily Property To Kenji Yamada

313 E 92nd St, New York, NY 10128, USA & 313 E 92nd St, New York, NY 10128, USA

$8,400,000

$89/SF

Building Size

8,540 SF

Asset Type

MultiFamily

Closing

Apr 29, 2018

About this deal

AI

The property asset involved in this transaction is a multifamily unit located at 313 East 92nd Street, New York, in the Upper East Side market. The asset consists of 10 units within a total square footage of 8,540 sf, and the price for this transaction was $8,400,000, amounting to a price per square foot of $983 and a price per unit of $840,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,400,000
  • Address: 313 East 92nd Street
  • City: New York
  • Market: Upper East Side
  • Square Footage: 8,540 sf
  • Price per Square Foot: $983
  • Units: 10
  • Price per Unit: $840,000
  • Seller: @IconRealty – Terrence Lowenberg & Todd Cohen
  • Buyer: Kenji Yamada

The deal involved notable individuals including sellers Terrence Lowenberg and Todd Cohen representing @IconRealty. The transaction brings together various stakeholders in the multifamily market, with Kenji Yamada stepping in as the buyer.

Players

Peter Von Der Ahe

Marcus & Millichap

Broker

$1.4B

vol

110 deals

Broker

Todd Cohen

Seller

$189.3M

vol

8 deals

Seller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $89 per square foot on a published $8.4M for 93,940 square feet (2018).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.89%

Cash-on-Cash

-0.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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