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42 Post Street

Ali Syed Buys Mixed-Use Property In Yonkers For $830,000
SOLDMixed-use

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

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.

Players

Matthew Barbaccia

Brix Real Estate Advisors

Broker

$71.1M

vol

30 deals

Broker

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