facebook
Traded Co logo
Submit

Lee Bloch And Eric Weiss Of Carmel Partners Acquire Upper West Side Multifamily Portfolio For $500M

Property Image
SOLD
$500,000,000
Marcella Fasulo
Joshua King
+ 4

New York

See Similar Deals
MultiFamily491,929 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Lee Bloch And Eric Weiss Of Carmel Partners Acquire Upper West Side Multifamily Portfolio For $500M

775 Columbus Avenue

See Similar Deals
MultiFamily491,929 SF
Sold
Marcella Fasulo
Joshua King
+ 4
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$1016
Total Square Footage:491929 SF
Transaction Type:Sale

The transaction involved a portfolio of multifamily assets located at 775 Columbus Avenue, 795 Columbus Avenue, 801 Amsterdam Ave, 805 Columbus Avenue, and 808 Columbus Avenue in the Upper West Side market. The properties were sold for $500,000,000, encompassing a total square footage of 491,929, which translates to a price per square foot of $1,016.

Summary of transaction details:

Key individuals involved in this transaction include Lee Bloch and Eric Weiss representing Carmel Partners as the buyers. The sellers of the portfolio are Sara Queen from MetLife and Andrew Cantor from UDR. The brokerage team from Newmark facilitated the deal, comprising Adam Spies, Douglas Harmon, Marcella Fasulo, Adam Doneger, Joshua King, Avery Silverstein, and Michael Collins.

Players

Adam Doneger
185 deals$50B volume(516) 317-7837
BROKER

Avery Silverstein
Newmark
60 deals$14B volume(212) 850-5432
BROKER

Adam Spies
Newmark
256 deals$71.4B volume(212) 841-7500
BROKER

Douglas (Doug) Harmon
Newmark
126 deals$47.5B volume
BROKER

Joshua King
Newmark
111 deals$31.8B volume(212) 850-5427
BROKER

Marcella Fasulo
Newmark
90 deals$25.7B volume
BROKER

Michael (Mike) Collins
Newmark
22 deals$4.8B volume
BROKER

Carmel Partners
BUYER



MetLife
SELLER

Details

SOLD
IMAGE: Adam Spies, Douglas Harmon, Adam Doneger, Eric Weiss, Marcella Fasulo, Lee Bloch, Sara Queen, Andrew Cantor, Michael Collins, Joshua King & Avery Silverstein DATE: 2/13/2026 ADDRESS: 775 Columbus Avenue, 795 Columbus Avenue, 801 Amsterdam Ave, 805 Columbus Avenue & 808 Columbus Avenue - Portfolio MARKET: Upper West Side ASSET TYPE: Multifamily BUYER: Lee Bloch & Eric Weiss - Carmel Partners SELLER: Sara Queen - MetLife & Andrew Cantor - UDR BROKERS: Adam Spies, Douglas Harmon, Marcella Fasulo (@MMFasulo), Adam Doneger (@ADoneger), Joshua King (@JoshAdamKing), Avery Silverstein (@Avery.Morgan810) & Michael Collins - Newmark (@Newmark) SALE PRICE: $500,000,000 SF: 491,929 ~ PPSF: $1,016

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$26,666,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,776,394.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,370,255.09
Annual Debt Service$28,443,061.06