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

Property Image
SOLD
$8,500,000
John J. Stewart

New York

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MultiFamily5,570 SF
Sold 04/17/2026
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SOLD

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

130 East 37th Street

See Similar Deals
MultiFamily5,570 SF
Sold 04/17/2026
John J. Stewart
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1,526
Total Square Footage:5,570 SF
Transaction Type:Sale

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
30 deals$212.6M volume
BROKER

Dylan Torey
Marcus & Millichap
13 deals$77.7M volume
BROKER

Details

SOLD
IMAGE: Alex Budney, John J. Stewart & Dylan Torey DATE: 4/17/2026 ADDRESS: 130 East 37th Street MARKET: Murray Hill ASSET TYPE: Multifamily SELLER: Alex Budney (@AlexBudney) - Mews Property & Jack Fuchs - Whitehall Property Management BROKERS: John J. Stewart (@NYCBuildingAdvisors) & Dylan Torey - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $8,500,000 UNITS: 12 ~ PPU: $708,333 SF: 5,570 ~ PPSF: $1,526 NOTE FROM SELLER: previous purchase price of $3,360,250 in 2021.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
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