Kings Capital Acquires Multifamily Asset At 69 Gold Street For $30.1M With Cushman & Wakefield's Brokers
69 Gold Street
$30,100,000
$396/SF
Building Size
75,836 SF
Asset Type
MultiFamily
Closing
Jul 21, 2026
AI
The property involved in this transaction is a multifamily asset located at 69 Gold Street in the Financial District of Manhattan. The sale price was $30,100,000, encompassing 90 units across a total square footage of 75,836, resulting in a price per unit of $334,444 and a price per square foot of $396.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $30,100,000
- Address: 69 Gold Street
- Market: Financial District, Manhattan
- Units: 90
- Square Footage: 75,836
- Price Per Unit: $334,444
- Price Per Square Foot: $396
The buyers for this transaction were Kings Capital, represented by George Giannopoulos, Tommy Giannopoulos, and Jeffrey Znaty. The brokers involved in the deal were Bryan Hurley and Michael Decheser from Cushman & Wakefield. Kings Capital is actively pursuing additional multi-family and mixed-use real estate opportunities in prime areas of Manhattan and Brooklyn.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93