facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

515 West 168th Street

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

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

515 West 168th Street

$9,250,000

$230/SF

Building Size

40,185 SF

Asset Type

MultiFamily

Closing

Feb 3, 2026

AI

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

Newmark

Broker

$935.8M

vol

58 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.71%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93