Updated Sep 24, 2026
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:
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Address: 438 East 13th Street & 440 East 13th Street
- Market: Manhattan
- Square Footage: 9,135
- Price per Square Foot: $415
- Seller: Kushner Companies
- Broking Representatives: Aaron Jungreis, Ben Khakshoor & Alex Fuchs - Rosewood Realty Group
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
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93