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246-248 Centre Avenue

Updated Oct 29, 2024

Gjonlekaj Inc Acquires Multifamily Property In New Rochelle For $10.75M
SOLD

Gjonlekaj Inc Acquires Multifamily Property In New Rochelle For $10.75M

$10,750,000

Units

147

Asset Type

—

Closing

Mar 16, 2020

About this deal

AI

No summary available.

Gjonlekaj Inc Acquires Multifamily Property In New Rochelle For $10.75M is logged as a commercial sale on Traded (2020). David Schechtman, Amit Doshi, Shallini Mehra, Elizabeth Crane appear on the sale alongside Meridian Capital Group. This page is the market file for the Gjonlekaj Inc Acquires Multifamily Property In New Rochelle For $10.75M commercial sold: pricing, party profiles, and other closed commercial comps from the same area sit in the Market section below. Cite this Gjonlekaj Inc Acquires Multifamily Property In New Rochelle For $10.75M sale when underwriting similar commercial product.

Players

Shallini Mehra

Meridian Capital Group

Broker

$1.2B

vol

79 deals

Broker

Elizabeth Crane

Rosedale Management

Seller

$35.6M

vol

3 deals

Seller
Bilt advertisement

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.48%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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