Updated Nov 9, 2026
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.
On the Map
$150,000,000
$600/SF
MultiFamily
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New York MultiFamily Market Snapshot
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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