Troy Realty Capital Acquires Upper East Side Multifamily Asset For $9.6M With Brokers Koicim Colin And Markley
315 East 95th Street
$9,600,000
$568/SF
Building Size
16,902 SF
Asset Type
MultiFamily
Closing
Mar 6, 2025
AI
This multifamily asset, located at 315 East 95th Street in the Upper East Side, was sold for $9,600,000. The property consists of 30 units, with a price per unit of $320,000. It offers a total square footage of 16,902, resulting in a price per square foot of $567.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,600,000
- Address: 315 East 95th Street
- Market: Upper East Side
- Units: 30
- Price Per Unit: $320,000
- Square Footage: 16,902
- Price Per Square Foot: $567
The transaction was facilitated by brokers Joseph Koicim, Zan Colin, and Logan Markley from Marcus & Millichap, representing the buyer, Troy Realty Capital, whose representatives are Jared Wolf and Reuben Hedaya. This was an off-market transaction executed by the New York Multifamily Team.
Players
New York 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
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93