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324 West 43rd Street

Roni Abudi Acquires Multifamily Property At 324 West 43rd Street For $3.25M With CBRE
SOLDMultiFamily

Roni Abudi Acquires Multifamily Property At 324 West 43rd Street For $3.25M With CBRE

324 West 43rd Street

$3,250,000

$336/SF

Building Size

9,660 SF

Asset Type

MultiFamily

Closing

Aug 27, 2025

AI

The property involved in this transaction is a multifamily asset located at 324 West 43rd Street in the Hell's Kitchen market of Manhattan. The sale was completed at a price of $3,250,000, which equates to a price per unit of $162,500 across 20 units. The total square footage of the asset is 9,660, resulting in a price per square foot of $336.

Summary of transaction details:

The transaction was facilitated by four brokers from CBRE, namely Robert Shapiro, Ian Brooks, Nicholas Kontos, and David Garcia, who represented the buyer, Roni Abudi, in this multifamily property acquisition in Manhattan.

Players

Ian Brooks

CBRE

Broker

$431.6M

vol

50 deals

Broker
CBRE
CBREBrokerage

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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93