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510 West 144th Street

Marcus & Millichap Sells Multifamily Asset At 510 West 144th Street Manhattan For $4.85M
SOLDMultiFamily

Marcus & Millichap Sells Multifamily Asset At 510 West 144th Street Manhattan For $4.85M

510 West 144th Street

$4,850,000

$117/SF

Building Size

41,420 SF

Asset Type

MultiFamily

Closing

Jun 30, 2026

AI

This multifamily asset, located at 510 West 144th Street in Manhattan, has been sold for $4,850,000. The property encompasses a total area of 41,420 square feet, equating to a price per square foot of $117.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $4,850,000
  • Square Footage: 41,420
  • Price per Square Foot: $117
  • Address: 510 West 144th Street
  • Market: Manhattan

The transaction involved the brokerage team from Marcus & Millichap, comprising Seth Glasser, Michael Fusco, Benjamin Myerow, Joseph Koicim, and Christopher Mehran, who facilitated the sale.

Players

Michael Fusco

Marcus & Millichap

Broker

$589.1M

vol

91 deals

Broker
Joseph (Joe) Koicim
Verified Badge

Joseph Koicim

Broker

$2.7B

vol

176 deals

Broker

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

3.27%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93