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Noam Temchin Of FM Capital Represents Buyer In Rochester Multifamily Sale For $32.5M
SOLDMultiFamily

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

Noam Temchin

FM Capital⁠

Broker

$105.9M

vol

16 deals

Broker
FM Capital⁠
FM Capital⁠Brokerage

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