Brusco Realty Acquires Multifamily Building In Harlem From East Coast Management For $3.1M
603 West 138th Street
$3,100,000
$98/SF
Building Size
31,554 SF
Asset Type
MultiFamily
Closing
Mar 31, 2026
AI
A multifamily residential building located at 603 West 138th Street in Harlem, Manhattan was sold for $3,100,000. The asset is comprised of 24 units and has a total area of 31,554 square feet, translating to a price per square foot of $98.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 603 West 138th Street
- Market: Harlem, Manhattan
- Square Footage: 31,554
- Price Per Square Foot: $98
- Buyer: Brusco Realty
- Seller: East Coast Management LLC
Brusco Realty, represented by 603 West 138 Realty LLC, completed the acquisition from East Coast Management LLC in a transaction finalized on March 31, 2026.
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93