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257 Central Park Avenue, Wh...

Rock Farmer Properties Sells Condo In White Plains For $9.7M With Broker Natanel Malkoukian - Nest Seekers
SOLD

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

Natanel Malkoukian

Reavis Development Marketing

Broker

$297.8M

vol

14 deals

Broker
Nest Seekers International
Nest Seekers InternationalBrokerage

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