Updated May 19, 2026
Jordan Vogel Of Benchmark Real Estate Group Purchases 91,494 SF Multifamily At 698 West End Avenue For $42M
698 West End Avenue
$42,000,000
$459/SF
Building Size
91,494 SF
Asset Type
MultiFamily
Closing
May 10, 2026
About this deal
AI
The transaction involved a multifamily property located at 698 West End Avenue in Manhattan's Upper West Side. The property has a total square footage of 91,494 and was sold for $42 million, which translates to approximately $459 per square foot.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $42,000,000
- Square Footage: 91,494
- Price per Square Foot: $459
- Buyer: Jordan Vogel - Benchmark Real Estate Group
- Seller: Steven Stein
- Date of Transaction: 05/10/2026
- Market: Upper West Side, Manhattan
Jordan Vogel, representing Benchmark Real Estate Group, played a key role in the acquisition of the property from seller Steven Stein. This successful deal highlights the involvement of established entities in the Manhattan real estate market.
On the Map
$42,000,000
$459/SF
MultiFamily
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New York MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93