Avi Yosopov & Shawn Yosopov Acquire Multifamily Property In Yonkers With $4.85M Bridge Loan
101 Oak Street, Yonkers, New York 10701, United States
$4,854,000
$166/SF
Building Size
29,148 SF
Asset Type
MultiFamily
Closing
Jul 25, 2022
AI
Located at 101 Oak Street in Yonkers, this multifamily property covers approximately 25,600 square feet. The transaction took place on 07/26/2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,854,000
- Market: Yonkers
The property was acquired by Avi Yosopov and Shawn Yosopov, who acted as the landlords in this deal. The loan for this transaction was a bridge loan with a value of $4,854,000. Lev Capital represented the buyers and sellers with the team consisting of Ofir Shalom, Matt Rubin, Andras Breuer, and Yaakov Zar.
Players
City of Yonkers MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93