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130 East 37th Street

Alex Budney Of Mews Property And Jack Fuchs Of Whitehall Property Management Sell Multifamily In Murray Hill For $8.5M
SOLDMultiFamily

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

John J. Stewart

Marcus & Millichap

Broker

$212.6M

vol

30 deals

Broker

Alex Budney

Seller

$15.1M

vol

3 deals

Seller

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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