Updated Dec 21, 2023
Barry Millowitz Acquires Industrial Property In Westchester For $2.3M
25-33 Nepperhan Ave, Yonkers, Westchester, NY, USA
$2,300,000
$216/SF
Building Size
10,650 SF
Asset Type
Industrial
Closing
Aug 20, 2021
About this deal
AI
Located at 25-33 Nepperhan Ave. in Westchester, this industrial property was recently sold in a transaction. The sale took place on 08/20/2021, with the buyer being Barry Millowitz and the seller being James Carrea.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,300,000
- Address: 25-33 Nepperhan Ave.
- Market: Westchester
- SF: 10,650
- Price per Square Foot: $215
Tony Mazzulli of ivine_CRE represented the seller, James Carrea, in this transaction.
Please note that no additional information is available at this time.
Players
City of Yonkers Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93