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
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Asset Type
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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
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