RCubed Acquires Multifamily Asset At 4 White Street Tribeca From Peter Matera For $5.9M
4 White Street
$5,900,000
$296/SF
Building Size
19,920 SF
Asset Type
MultiFamily
Closing
Feb 8, 2026
AI
This multifamily property located at 4 White Street in the Tribeca market has been sold for $5,900,000. The asset encompasses approximately 19,920 square feet, resulting in a price per square foot of $296.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,900,000
- Address: 4 White Street
- Market: Tribeca
- Square Footage: 19,920
- Price per Square Foot: $296
- Buyer: RCubed
- Seller: Peter Matera
- Buyer's Representative: Joshua Malekan - Bridge Advisory Group
- Seller's Representative: Jared Minc - Building Equity Management
The transaction involved key individuals including buyer RCubed represented by Joshua Malekan from Bridge Advisory Group and seller Peter Matera represented by Jared Minc from Building Equity Management, ensuring a successful transfer of the property ownership.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93