Marcus & Millichap Sells Multifamily Asset At 504 West 143rd Street For $2.575M
504 West 143rd Street
$2,575,000
$112/SF
Building Size
22,980 SF
Asset Type
MultiFamily
Closing
Dec 28, 2025
AI
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
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
6.16%
Cash-on-Cash
-1.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93