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:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Units: 20
- Price Per Unit: $162,500
- Square Footage: 9,660
- Price Per Square Foot: $336
- Buyer: Roni Abudi
- Brokers: Robert Shapiro, Ian Brooks, Nicholas Kontos & David Garcia - CBRE
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
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