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Package Deal

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419 East 91st Street

Updated Nov 10, 2025

Bilt advertisement
David Stern Acquires Package Deal From Bayrock Capital For $48.7M In Manhattan
SOLDPackage Deal

David Stern Acquires Package Deal From Bayrock Capital For $48.7M In Manhattan

419 East 91st Street

$48,699,000

$1,158/SF

Building Size

42,027 SF

Asset Type

Package Deal

Closing

Oct 28, 2025

About this deal

AI

A package deal consisting of three buildings located at 419 East 91st Street, 160 West 74th Street, and 1055 Hylan Boulevard was sold for a total price of $48,699,000. The properties encompass a total square footage of 42,027, resulting in a price per square foot of $1,158. This transaction took place in the Manhattan market.

Summary of transaction details:

The key individuals in this transaction include David Stern as the buyer and Bayrock Capital representing the seller. The deal was facilitated by brokers Yosef Katz, Erik Yankelovich, and Shlomo Antebi from Atlas Realty Group, emphasizing their involvement in the successful execution of this transaction.

Players

Erik Yankelovich

Atlas Realty Group

Broker

$1.1B

vol

138 deals

Broker
Bayrock Capital
Bayrock CapitalSeller

New York Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Deal FAQ

About $1.2K per square foot on a published $48.7M for 42,027 square feet (2025).

Visit Yosef Katz to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.33%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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