Rosewood Realty Group Brokers $42 Million Sale Of Multifamily Asset At 698 West End Avenue
698 West End Avenue
Building Size
91,494 SF
Asset Type
MultiFamily
Closing
May 13, 2026
AI
The property asset involved in this transaction is a multifamily building located at 698 West End Avenue in the Upper West Side market. The sale price for this asset was $42,000,000, featuring a total of 91 units, which results in a price per unit of $461,538. The building encompasses a total square footage of 91,494, yielding a price per square foot of $459.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $42,000,000
- Units: 91
- Price Per Unit: $461,538
- Square Footage: 91,494
- Price Per Square Foot: $459
- Address: 698 West End Avenue
- Market: Upper West Side
The key individuals involved in this transaction are Aaron Jungreis, Ben Khakshoor, and Alex Fuchs, all of whom are associated with Rosewood Realty Group, representing the deal for the seller. Their involvement underscores the brokerage expertise brought to this multifamily property transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93