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33 Huguenot St.

Gil Bergman Acquires Multifamily Property In Westchester County For $1.2M With Brokers Anthony Watkins & David Algarin - The Oak & Avery Group
SOLD

Gil Bergman Acquires Multifamily Property In Westchester County For $1.2M With Brokers Anthony Watkins & David Algarin - The Oak & Avery Group

33 Huguenot St.

$1,200,000

Building Size

Asset Type

Closing

Sep 15, 2022

AI

The property asset involved in the transaction is a multifamily building located at 33 Huguenot St. in Westchester County. The sale price was $1,200,000, and the building encompasses a total of 3,500 square feet, resulting in a price per square foot of $342.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 33 Huguenot St.
  • Market: Westchester County
  • Square Footage: 3,500
  • Price Per Square Foot: $342
  • Buyer: Gil Bergman
  • Seller: Sutton Family
  • Brokers: Anthony Watkins & David Algarin - The Oak & Avery Group

The key individuals involved in this transaction include the buyer, Gil Bergman, and the seller, Sutton Family. The brokers facilitating the deal are Anthony Watkins and David Algarin from The Oak & Avery Group, representing the respective parties in this transaction.

Players

Gil Bergman

Buyer

$2.4M

vol

2 deals

Buyer

Sutton Family

Seller

$3.7M

vol

3 deals

Seller

City of New Rochelle 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93