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80 Horatio Street

Maurice Regan Of J.T. Magen & Company Purchases Multifamily Property At 80 Horatio Street For $10.25M
SOLDMultiFamily

Maurice Regan Of J.T. Magen & Company Purchases Multifamily Property At 80 Horatio Street For $10.25M

80 Horatio Street

$10,250,000

$1,671/SF

Building Size

6,133 SF

Asset Type

MultiFamily

Closing

Oct 8, 2025

AI

The property asset involved in the transaction is a multi-family building located at 80 Horatio Street in the West Village neighborhood of Manhattan. The sale price for this eight-unit walkup was $10,250,000. The building spans 6,133 square feet, with a price per square foot of $1,671.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $10,250,000
  • Address: 80 Horatio Street
  • Market: West Village, Manhattan
  • Square Footage: 6,133
  • Price Per Square Foot: $1,671
  • Buyer: Maurice Regan - J.T. Magen & Company

This transaction was facilitated by J.T. Magen and Company, acting through Jane St Garden LLC. The acquisition reflects the company's strategic involvement in the multi-family sector within Manhattan's competitive real estate market.

Players

Maurice Regan

Broker

$20.5M

vol

2 deals

Broker
Maurice Regan

Maurice Regan

Buyer

$20.5M

vol

2 deals

Buyer

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

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93