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Don Bichoupan And Jordan Co...

Don Bichoupan And Jordan Cohen Of Baker Capital Group Acquire Multifamily Building In Highbridge For $2.65M
SOLD

Don Bichoupan And Jordan Cohen Of Baker Capital Group Acquire Multifamily Building In Highbridge For $2.65M

Building Size

Asset Type

Closing

Sep 3, 2025

AI

The property asset involved in this transaction is a multifamily building located at 906 Summit Ave in the Highbridge market. The sale price for the asset was $2,650,000, comprising 16 units with a price per unit of $165,625. The total square footage of the property is 14,175, resulting in a price per square foot of $187.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,650,000
  • Units: 16
  • Price per Unit: $165,625
  • Square Footage: 14,175
  • Price per Square Foot: $187
  • Buyer: Don Bichoupan & Jordan Cohen - Baker Capital Group LLC

Don Bichoupan and Jordan Cohen represent Baker Capital Group LLC, the buyer in this transaction. They are actively seeking free market multifamily opportunities across NYC and Westchester, as indicated in their note to potential sellers.

Players

Don Bichoupan

Buyer

$15.1M

vol

11 deals

Buyer
Baker Capital Group
Baker Capital GroupBuyer

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93