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360 West 43rd Street

Updated Nov 9, 2026

SOLDMultiFamily

Andrew Cohen Of Atlas Capital Group Acquires 256-Unit Multifamily At 360 West 43rd Street For $150M

360 West 43rd Street

$150,000,000

$600/SF

Building Size

250,000 SF

Asset Type

MultiFamily

Closing

Nov 6, 2026

About this deal

AI

The asset involved in this transaction is a multi-family property located at 360 West 43rd Street in Hell’s Kitchen, Manhattan. The sale price for this rental building was $150,000,000. The total square footage of the property is 250,000, with a price per square foot of $600. The building comprises 256 units, translating to a price per unit of $585,938.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $150,000,000
  • Address: 360 West 43rd Street
  • Market: Hell’s Kitchen, Manhattan
  • Square Footage: 250,000
  • Price per Square Foot: $600
  • Units: 256
  • Price per Unit: $585,938
  • Buyer: Andrew Cohen - Atlas Capital Group
  • Seller: Daniel Brodsky - Brodsky Organization
  • Broker: Ivan Hakimian - HPNY

Andrew Cohen, representing Atlas Capital Group, acquired the property from Daniel Brodsky of the Brodsky Organization in an off-market deal. Ivan Hakimian from HPNY acted as the broker for this transaction, facilitating the deal between the buyer and the seller.

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$150,000,000

$600/SF

MultiFamily

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Players

Ivan Hakimian

HPNY

Broker

$132.6M

vol

8 deals

Broker

Andrew Cohen

Atlas Capital Group

Buyer
Buyer
Daniel Brodsky

Daniel Brodsky

Brodsky Organization

Seller

$318.1M

vol

6 deals

Seller
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New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $600 per square foot on a published $150M for 250,000 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.11%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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