facebook
Traded Co logo
Submit

Adam Goodstein Of Seastone Capital Acquires Multifamily Asset In Washington Heights For $9.25M

Property Image
SOLD
$9,250,000
Mike Kavanagh
Maurice Suede
+ 2

New York

See Similar Deals
MultiFamily40,185 SF
Sold 02/04/2026
the dealplayerscompscontact
Property Image
SOLD

Adam Goodstein Of Seastone Capital Acquires Multifamily Asset In Washington Heights For $9.25M

515 West 168th Street

See Similar Deals
MultiFamily40,185 SF
Sold 02/04/2026
Mike Kavanagh
Maurice Suede
+ 2
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$230
Total Square Footage:40,185 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 515 West 168th Street in the Washington Heights market. The sale price for the asset was $9,250,000, comprising a total of 83 units. It has a total square footage of 40,185, resulting in a price per unit of $111,445 and a price per square foot of $230.

Summary of transaction details:

This transaction highlights the involvement of key individuals, including buyer Adam Goodstein from Seastone Capital and multiple representatives from Newmark who facilitated the sale. The representatives include Eric Roth, Maurice Suede, Mike Kavanagh, Tyler Signora, and Christine Felling, who played a crucial role in closing the deal.

Players

Maurice Suede
57 deals$929.6M volume(212) 589-5131
BROKER

Mike Kavanagh
Newmark
30 deals$301M volume(212) 660-7765
BROKER

Eric Roth
Newmark
61 deals$1.5B volume(212) 655-0625
BROKER

Tyler Signora
Newmark
37 deals$852.2M volume(212) 372-0759
BROKER

Christine Felling
Newmark
6 deals$45.7M volume(212) 655-0678
BROKER

Details

SOLD
IMAGE: Eric Roth, Maurice Suede, Adam Goodstein, Mike Kavanagh, Tyler Signora & Christine Felling DATE: 2/4/2026 ADDRESS: 515 West 168th Street MARKET: Washington Heights ASSET TYPE: Multifamily BUYER: Adam Goodstein - Seastone Capital SELLER'S REP: Eric Roth (@EricMRoth), Maurice Suede, Mike Kavanagh (@KavanaghMike), Tyler Signora (@Tyler_Signora) & Christine Felling (@CFells13) - Newmark (@Newmark) SALE PRICE: $9,250,000 UNITS: 83 ~ PPU: $111,445 SF: 40,185 ~ PPSF: $230

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$493,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$32,863.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,849.72
Annual Debt Service$526,196.63