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519 West 180th Street

Greg Corbin, Chaya Milworn & Felix Ades Of Northgate Real Estate Group Sell Multifamily In Fort George For $4.61M
SOLDMultiFamily

Greg Corbin, Chaya Milworn & Felix Ades Of Northgate Real Estate Group Sell Multifamily In Fort George For $4.61M

519 West 180th Street & 572 West 182nd Street

$4,610,000

$130/SF

Building Size

35,305 SF

Asset Type

MultiFamily

Closing

Dec 9, 2025

AI

The transaction involved a multifamily asset located at 519 West 180th Street & 572 West 182nd Street in the Fort George market. The property comprises 26 units and has a total square footage of 16,955, with a price per unit of $177,307 and a price per square foot of $271. The sale price for the property was $4,610,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,610,000
  • Units: 26
  • Square Footage: 16,955
  • Price Per Unit: $177,307
  • Price Per Square Foot: $271
  • Address: 519 West 180th Street & 572 West 182nd Street
  • Market: Fort George

The brokers representing the transaction were Greg Corbin, Chaya Milworn, and Felix Ades from Northgate Real Estate Group. They facilitated the sale of the multifamily property, contributing their expertise to complete the deal successfully.

Players

Chaya Milworn

Northgate Real Estate Group

Broker

$515.7M

vol

35 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

3.44%

Cash-on-Cash

-0.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93