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Evan Rugen, Aaron Tice & Jake Keado Acquire 99 & 103 Old Ln. Package Deal In Hudson Valley For $400K

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SOLD
$400,000

New York

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2,500 SF
Sold 05/21/2022
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SOLD

Evan Rugen, Aaron Tice & Jake Keado Acquire 99 & 103 Old Ln. Package Deal In Hudson Valley For $400K

99 Old Lane, Hudson, New York 12534, United States

See Similar Deals
2,500 SF
Sold 05/21/2022
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Summary

NEW YORK
Price Per Square Foot:$160
Total Square Footage:2,500 SF
Transaction Type:Sale

Evan Rugen, Aaron Tice, and Jake Keado of LVL Group have purchased a package deal in the Hudson Valley market. The property, located at 99 & 103 Old Ln., was sold by Jon Libasci for a total price of $400,000. The asset consists of a 2,500 square foot space, resulting in a price per square foot of $160.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $400,000
  • Address: 99 & 103 Old Ln.
  • Market: Hudson Valley

Evan Rugen, Aaron Tice, and Jake Keado from LVL Group represented the buyer's side in this transaction. The seller, Jon Libasci, sold the property to them. The lender involved in the deal was Rock East Funding.

Players

9 deals$6.1M volume
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BUYER


Details

SOLD
IMAGE: Evan Rugen, Aaron Tice & Jake Keado DATE: 05/21/2022 ADDRESS: 99 & 103 Old Ln. MARKET: Hudson Valley ASSET TYPE: Package Deal BUYER: Evan Rugen (@BoweryBoi), Aaron Tice & Jake Keado (@IAmKeads) - LVL Group SELLER: Jon Libasci LENDER: Rock East Funding - (@rockeastfunding) SALE PRICE: $400,000 SF: 2,500 ~ PPSF: $160

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

$21,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$1,421.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,896.20
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