Chateau Gabriel Group Acquires Multifamily Asset From Goldman Family For $4.2M In Upper West Side
SOLD
$4,200,000
New York
See Similar DealsMultiFamily6,600 SF
Sold 04/12/2026
SOLD
Chateau Gabriel Group Acquires Multifamily Asset From Goldman Family For $4.2M In Upper West Side
MultiFamily6,600 SF
Sold 04/12/2026
Summary
Asset Type:MultiFamily
Price Per Square Foot:$636
Total Square Footage:6,600 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property situated in the Upper West Side market. The sale was executed for a total amount of $4,200,000, comprising 9 units with a price per unit of $466,666. The property encompasses a total of 6,600 square feet, yielding a price per square foot of $636.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,200,000
- Units: 9
- Price Per Unit: $466,666
- Square Footage: 6,600
- Price Per Square Foot: $636
- Buyer: Arthur Gabriel, Suren Gabriel & Ben Normatov - Chateau Gabriel Group
- Seller: Goldman Family
- Broker: Bart Zimmermann - Barcel Group
The buyers, Arthur Gabriel, Suren Gabriel, and Ben Normatov, represent Chateau Gabriel Group and are actively seeking to purchase additional value-add deals in prime areas of Manhattan, Brooklyn, and Queens. For inquiries related to opportunities, contact is provided through [email protected].
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$223,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71
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