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Marcus & Millichap Sells Multifamily Asset At 504 West 143rd Street For $2.575M

Property Image
SOLD
$2,575,000
Joseph (Joe) Koicim
Seth Glasser
Michael (Mike) Fusco
+ 1

New York

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MultiFamily22,980 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Marcus & Millichap Sells Multifamily Asset At 504 West 143rd Street For $2.575M

504 West 143rd Street

See Similar Deals
MultiFamily22,980 SF
Sold
Joseph (Joe) Koicim
Seth Glasser
Michael (Mike) Fusco
+ 1
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$112
Total Square Footage:22980 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 504 West 143rd Street in the Hamilton Heights market. The sale price of the property was $2,575,000, with a total square footage of 22,980 and a price per square foot of $112.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,575,000
  • Address: 504 West 143rd Street
  • Market: Hamilton Heights
  • Square Footage: 22,980
  • Price Per Square Foot: $112

The deal involved brokers Seth Glasser, Joseph (Joe) Koicim, Michael Fusco, and Christopher Mehran, all representing Marcus & Millichap in the transaction. Their expertise facilitated the successful completion of this sale.

Players

Michael (Mike) Fusco
Marcus & Millichap
Michael Fusco
84 deals$568.3M volume(973) 865-6303
BROKER
Seth Glasser
Marcus & Millichap
Seth Glasser
118 deals$1.1B volume
BROKER
Joseph (Joe) Koicim
Marcus & Millichap
Joseph Koicim
167 deals$2.6B volume(212) 430-5147
BROKER
CM
Christopher Mehran
6 deals$19.5M volume(631) 449-5313
BROKER

Details

SOLD
IMAGE: Michael Fusco, Seth Glasser, Joseph Koicim & Christopher Mehran DATE: 12/29/2025 ADDRESS: 504 West 143rd Street MARKET: Hamilton Heights ASSET TYPE: Multifamily BROKERS: Seth Glasser (@SethGlasser1), Joseph (Joe) Koicim (@Joey1Cap), Michael Fusco (@Mike_Fusco_NYM) & Christopher Mehran - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,575,000 SF: 22,980 ~ PPSF: $112

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$137,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,148.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,206.81
Annual Debt Service$146,481.76