Updated Apr 13, 2026
Multifamily Property At 603 West 138th Street Sold For $3,100,000 With CBRE Brokers
603 West 138th Street
$3,100,000
$98/SF
Building Size
31,544 SF
Asset Type
MultiFamily
Closing
Mar 30, 2026
About this deal
AI
The multifamily property located at 603 West 138th Street in the Hamilton Heights market has been successfully sold for $3,100,000. This asset comprises 25 units and offers a total square footage of 31,544, resulting in a price per unit of $124,000 and a price per square foot of $98.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Units: 25
- Square Footage: 31,544
- Price Per Unit: $124,000
- Price Per Square Foot: $98
The transaction was facilitated by brokers Robert Shapiro, Ian Brooks, Nicholas Kontos, and David Garcia from CBRE, who represented the parties involved in this deal.
On the Map
$3,100,000
$98/SF
MultiFamily
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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