Updated Sep 24, 2026
Joshua Einhorn Sells Multifamily Asset At 354 West 44th Street For $6.25 Million
354 West 44th Street
$6,250,000
$825/SF
Building Size
7,575 SF
Asset Type
MultiFamily
Closing
Oct 16, 2024
About this deal
AI
This multifamily asset is located at 354 West 44th Street in the Hell's Kitchen market. The property sold for $6,250,000, consisting of 6 units with a price per unit of $1,041,666. The total square footage is 7,575, yielding a price per square foot of $825.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,250,000
- Units: 6
- Price Per Unit: $1,041,666
- Total Square Footage: 7,575
- Price Per Square Foot: $825
- Seller: Joshua Einhorn
- Brokers: Zan Colin, Joseph Koicim, Logan Markley - Marcus & Millichap; Tetsuo Otaki - Otsubo Realty
The deal involved key representatives, including Zan Colin, Joseph Koicim, Logan Markley from Marcus & Millichap, and Tetsuo Otaki from Otsubo Realty representing the seller, Joshua Einhorn in this transaction.
On the Map
$6,250,000
$825/SF
MultiFamily
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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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93