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:
- 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
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