Ali Syed Buys Mixed-Use Property In Yonkers For $830,000
42 Post Street
$830,000
$190/SF
Building Size
4,362 SF
Asset Type
Mixed-use
Closing
Mar 22, 2024
About this deal
AI
The mixed-use property located at 42 Post Street in Yonkers was recently sold for $830,000. Spanning 4,362 square feet, the property was transacted at a price per square foot of $190. The deal involved the buyer, Ali Syed, and the seller, Susan Aquafretta. The transaction was facilitated by Matthew Barbaccia from Brix Real Estate Advisors.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $830,000
- Address: 42 Post Street
- Market: Yonkers
- Buyer: Ali Syed
- Seller: Susan Aquafretta
- Broker: Matthew Barbaccia - Brix Real Estate Advisors
- Total Square Footage: 4,362
- Price per Square Foot: $190
The transaction at 42 Post Street in Yonkers was successfully completed on 03/22/2024. Ali Syed, the buyer, and Susan Aquafretta, the seller, concluded the deal through the representation of Matthew Barbaccia from Brix Real Estate Advisors.
On the Map
$830,000
$190/SF
Mixed-use
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Yonkers Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.11%
Cash-on-Cash
-5.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93