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374 Wadsworth Avenue

Fort George Multifamily Sold For $4.14M With Brokers Joseph Koicim Seth Glasser Michael Fusco Christopher Mehran
SOLDMultiFamily

Fort George Multifamily Sold For $4.14M With Brokers Joseph Koicim Seth Glasser Michael Fusco Christopher Mehran

374 Wadsworth Avenue

$4,137,500

$82/SF

Building Size

50,094 SF

Asset Type

MultiFamily

Closing

Feb 6, 2026

AI

The property asset involved in the transaction is a multifamily building located at 374 Wadsworth Avenue in the Fort George market. The sale price was $4,137,500, and the property encompasses a total square footage of 50,094, translating to a price per square foot of $82.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,137,500
  • Square Footage: 50,094
  • Price per Square Foot: $82
  • Address: 374 Wadsworth Avenue
  • Market: Fort George

The deal was facilitated by brokers Joseph Koicim, Seth Glasser, Michael Fusco, and Christopher Mehran, all representing Marcus & Millichap in this transaction.

Players

Michael Fusco

Marcus & Millichap

Broker

$576.1M

vol

88 deals

Broker
Joseph (Joe) Koicim
Verified Badge

Joseph Koicim

Marcus & Millichap

Broker

$2.7B

vol

174 deals

Broker

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

3.83%

Cash-on-Cash

-1.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93