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
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.
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
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93