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438 East 13th Street

Updated Sep 24, 2026

Kushner Companies Sells Multifamily Properties At 438 And 440 East 13th Street For $3.8M
SOLDMultiFamily

Kushner Companies Sells Multifamily Properties At 438 And 440 East 13th Street For $3.8M

438 East 13th Street & 440 East 13th Street

$3,800,000

$416/SF

Building Size

9,135 SF

Asset Type

MultiFamily

Closing

Sep 16, 2026

About this deal

AI

The property assets involved in the transaction are located at 438 East 13th Street and 440 East 13th Street in Manhattan. The sale price for the multifamily assets was $3,800,000, encompassing a total square footage of 9,135 with a price per square foot of $415.

Summary of transaction details:

The transaction involved Kushner Companies as the seller, with Aaron Jungreis, Ben Khakshoor, and Alex Fuchs representing the deal through Rosewood Realty Group. This team facilitated the sale process in the Manhattan multifamily market.

Players

Aaron Jungreis

Rosewood Realty Group

Broker

$4.6B

vol

216 deals

Broker
Kushner Companies
Kushner CompaniesSeller
Bilt advertisement

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $416 per square foot on a published $3.8M for 9,135 square feet (2026).

Visit Alex Fuchs to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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