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Upper West Side

Chateau Gabriel Group Acquires Multifamily Asset From Goldman Family For $4.2M In Upper West Side
SOLDMultiFamily

Chateau Gabriel Group Acquires Multifamily Asset From Goldman Family For $4.2M In Upper West Side

$4,200,000

$636/SF

Building Size

6,600 SF

Asset Type

MultiFamily

Closing

Apr 12, 2026

AI

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:

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

Bart Zimmermann

Barcel Group

Broker

$20.4M

vol

6 deals

Broker
Ben Normatov

Ben Normatov

Chateau Gabriel Group

Buyer

$269.9M

vol

41 deals

Buyer
GF
Goldman FamilySeller

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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93