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680 Broadway

Bobby Zar Of ZG Capital Partners Acquires Multifamily Property In NoHo For $10.9M
SOLDMultiFamily

Bobby Zar Of ZG Capital Partners Acquires Multifamily Property In NoHo For $10.9M

680 Broadway

$10,900,000

Units

4

Asset Type

MultiFamily

Closing

Jan 21, 2026

AI

The property involved in this transaction is a multifamily asset located at 680 Broadway in the NoHo neighborhood of Manhattan. The sale price was $10,900,000 for a total of 4 units, resulting in a price per unit of $2,725,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,900,000
  • Buyer: Bobby Zar
  • Buyer's Company: ZG Capital Partners
  • Seller: Lagfin
  • Units: 4
  • Price Per Unit: $2,725,000
  • Date of Sale: 01/21/2026
  • Market: NoHo, Manhattan

ZG Capital Partners, through Great Jones Alley, LLC, acquired the four-unit property from Lagfin, which is associated with Campari. This sale reflects a decrease from the seller's previous purchase price of $12.1 million in 2022.

Players

Z
ZGCapitalPartnersBuyer

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

1.46%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93