Jonathan Soudry Of Better Living Properties Acquires Multifamily Asset From HIAS Inc For $3.4M
323 East 14th Street
$3,400,000
$419/SF
Building Size
8,110 SF
Asset Type
MultiFamily
Closing
Mar 25, 2026
AI
A 15-unit walkup multifamily property located at 323 East 14th Street in Gramercy, Manhattan, was sold for $3,400,000. The property spans 9,544 BSF with a price per square foot of $356, and 8,110 SF with a price per square foot of $419. The transaction was finalized on March 25, 2026.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Units: 15
- Price Per Unit: $226,667
- Building Square Footage: 9,544
- Price Per Building Square Foot: $356
- Square Footage: 8,110
- Price Per Square Foot: $419
- Buyer: Jonathan Soudry - Better Living Properties
- Seller: HIAS Inc
Jonathan Soudry represented Better Living Properties in this transaction, acquiring the property from HIAS Inc. The deal was recorded in April following its closure in March.
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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93