Updated Oct 7, 2026
Jared Wolf And James Weiss Acquire Multifamily Asset At 319-323 East 88th Street For $16.7M
319 East 88th Street
$16,700,000
$555/SF
Building Size
30,048 SF
Asset Type
MultiFamily
Closing
Sep 18, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 319-323 East 88th Street in the Upper East Side market. The sale price of the property was $16,700,000, with a total square footage of 30,048, resulting in a price per square foot of $555.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $16,700,000
- Address: 319-323 East 88th Street
- Market: Upper East Side
- Square Footage: 30,048
- Price per Square Foot: $555
- Buyer: Jared Wolf and James Weiss
- Brokers: Joe Koicim - Marcus & Millichap & Logan Markley - New York Multifamily
The key individuals involved in this deal include buyers Jared Wolf and James Weiss, who were represented by brokers Joe Koicim from Marcus & Millichap and Logan Markley from New York Multifamily, facilitating the transaction in the multifamily sector.
On the Map
$16,700,000
$555/SF
MultiFamily
View full map
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Joe Koicim to view all their deals.
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.95%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93