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Liberty Bagels Acquires Multifamily Asset At 5 East 47th Street From Walter Samuels For $9.4M

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SOLD
$9,400,000

New York

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MultiFamily14,025 SF
Sold 10/23/2025
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Property Image
SOLD

Liberty Bagels Acquires Multifamily Asset At 5 East 47th Street From Walter Samuels For $9.4M

5 East 47th Street

See Similar Deals
MultiFamily14,025 SF
Sold 10/23/2025
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$670
Total Square Footage:14,025 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily building located at 5 East 47th Street in Midtown Manhattan. The sale price for the asset was $9,400,000. The building comprises a total of 14,025 square feet, resulting in a price per square foot of $670.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,400,000
  • Address: 5 East 47th Street
  • Market: Midtown Manhattan
  • Square Footage: 14,025
  • Price per Square Foot: $670
  • Buyer: Liberty Bagels
  • Seller: Walter Samuels
  • Broker Representatives: David Schechtman, Abie Kassin & Henry Barnathan - Meridian Capital Group

The deal was facilitated by broker representatives David Schechtman, Abie Kassin, and Henry Barnathan from Meridian Capital Group, who played a crucial role in connecting the buyer, Liberty Bagels, with the seller, Walter Samuels, completing the transaction successfully.

Players

Abie Kassin
52 deals$1.6B volume(212) 468-5909
BROKER

David Schechtman
Meridian Capital Group
68 deals$1.8B volume
BROKER

Henry Barnathan
Meridian Capital Group
6 deals$64.4M volume(212) 468-5994
BROKER

Meridian Capital Group
BROKERAGE

Details

SOLD
IMAGE: David Schechtman DATE: 10/23/2025 ADDRESS: 5 East 47th Street MARKET: Midtown Manhattan ASSET TYPE: Multifamily BUYER: Liberty Bagels SELLER: Walter Samuels BROKERS: David Schechtman (@Team.Schechtman), Abie Kassin & Henry Barnathan - Meridian Capital Group (@Meridian.Capital.Group) SALE PRICE: $9,400,000 SF: 14,025 ~ PPSF: $670

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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