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Evan Rugen & Sakher Ghanem Acquire Package Deal In Hudson Valley For $250,000

Property Image
SOLD
$250,000

New York

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1,800 SF
Sold 05/20/2022
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Property Image
SOLD

Evan Rugen & Sakher Ghanem Acquire Package Deal In Hudson Valley For $250,000

2 North Jefferson Avenue, Catskill, New York 12414, United States

See Similar Deals
1,800 SF
Sold 05/20/2022
the dealplayerscompscontact
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Summary

NEW YORK
Price Per Square Foot:$138
Total Square Footage:1,800 SF
Transaction Type:Sale

Located at 2 N. Jefferson Ave in Hudson Valley, this package deal transaction involved the sale of a property. The property spans 1,800 square feet and was sold for a price of $250,000, resulting in a price per square foot of $111. The transaction took place on May 20, 2022, with Evan Rugen and Sakher Ghanem from LVL Group acting as the buyers and Patrick Melville as the seller.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $250,000
  • Date: 05/20/2022
  • Address: 2 N. Jefferson Ave
  • Market: Hudson Valley
  • Buyer: Evan Rugen & Sakher Ghanem - LVL Group
  • Seller: Patrick Melville
  • Square Footage: 1,800
  • Price per Square Foot: $111

Evan Rugen and Sakher Ghanem, representing LVL Group, played a key role as buyers in this transaction. Their acquisition of this package deal in Hudson Valley showcases their expertise and investment in the local market.

Players

Evan Rugen
Evan Rugen
9 deals$6.1M volume
BUYER
LG
LVL Group
BUYER

Details

SOLD
IMAGE: Evan Rugen, Mike Tyson & Sakher Ghanem DATE: 05/20/2022 ADDRESS: 2 N. Jefferson Ave. MARKET: Hudson Valley ASSET TYPE: Package Deal BUYER: Evan Rugen (@BoweryBoi) & Sakher Ghanem (@ShaqJourney) - LVL Group SELLER: Patrick Melville SALE PRICE: $250,000 SF: 1,800 ~ PPSF: $111

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$13,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$888.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,185.13
Annual Debt Service$14,221.53