Alex Budney Of Mews Property And Jack Fuchs Of Whitehall Property Management Sell Multifamily In Murray Hill For $8.5M
130 East 37th Street
$8,500,000
$1,526/SF
Building Size
5,570 SF
Asset Type
MultiFamily
Closing
Apr 16, 2026
AI
This multifamily asset located at 130 East 37th Street in the Murray Hill neighborhood has been sold for $8,500,000. The property consists of 12 units, covering a total area of 5,570 square feet. The price per unit stands at $708,333, while the price per square foot is $1,526.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,500,000
- Units: 12
- Square Footage: 5,570
- Price Per Unit: $708,333
- Price Per Square Foot: $1,526
- Seller: Alex Budney - Mews Property & Jack Fuchs - Whitehall Property Management
- Brokers: John J. Stewart & Dylan Torey - Marcus & Millichap
- Previous Purchase Price: $3,360,250 in 2021
The transaction involved key individuals, including the sellers Alex Budney from Mews Property and Jack Fuchs from Whitehall Property Management. The deal was brokered by John J. Stewart and Dylan Torey representing Marcus & Millichap, who facilitated the sale process of the multifamily asset.
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93