Rock Farmer Properties Sells Condo In White Plains For $9.7M With Broker Natanel Malkoukian - Nest Seekers
257 Central Park Avenue, White Plains, New York 10606, United States
$9,707,500
$387/SF
Building Size
25,062 SF
Asset Type
—
Closing
May 14, 2022
AI
Located at 257 Central Ave in White Plains, Westchester, this recently sold condo is a noteworthy property in the market. The sale was handled by broker Natanel Malkoukian from Nest Seekers on behalf of the seller, Rock Farmer Properties.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,707,500
- Square Footage: 25,062
- Price Per Square Foot: $387
- Date: May 15, 2022
- Market: White Plains, Westchester
After being on the market for several months with another firm, Natanel Malkoukian and his team were able to swiftly sell all remaining units within six weeks. This successful transaction demonstrates their ability to efficiently execute sales and showcases their expertise in the Westchester area. For more information, interested parties can contact Natanel Malkoukian at @nathan.malk or reach out via phone at 646-361-3276.
Players
White Plains 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
1.63%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93