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603 West 138th Street

Brusco Realty Acquires Multifamily Building In Harlem From East Coast Management For $3.1M
SOLDMultiFamily

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

BR
Brusco RealtyBuyer
EL
East Coast Management LLCSeller

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