Noam Temchin Of FM Capital Represents Buyer In Rochester Multifamily Sale For $32.5M
$32,500,000
$88/SF
Building Size
366,954 SF
Asset Type
MultiFamily
Closing
Sep 28, 2025
AI
This transaction involves a multifamily asset located in the Rochester market, featuring a sale price of $32,500,000. The property comprises 385 units, offering a price per unit of $84,416. The total square footage of the asset is 366,954, resulting in a price per square foot of $89.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $32,500,000
- Units: 385
- Price Per Unit: $84,416
- Square Footage: 366,954
- Price Per Square Foot: $89
Noam Temchin from FM Capital represented the buyer in this multifamily property transaction, facilitating the deal on 9/29/2025.
Players
Market 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
0.49%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93