Michael Khakshouri & Jonathan Harooni Acquire Multifamily Property In New Rochelle For $1.1M
FINANCED
$1,139,000
New York
See Similar DealsMultiFamily6,500 SF
Financed 01/16/2020
FINANCED
Michael Khakshouri & Jonathan Harooni Acquire Multifamily Property In New Rochelle For $1.1M
20 Bonnefoy Place, New Rochelle, NY 10805, USA
See Similar DealsMultiFamily6,500 SF
Financed 01/16/2020
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$175
Total Square Footage:6,500 SF
Transaction Type:Loan
Located at 20 Bonnefoy Place in New Rochelle, this multifamily property has recently undergone a closed transaction. The property spans a total of 6,500 square feet, offering ample space for residents. The transaction took place on January 16, 2020.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,139,000
- Lender: New York Community Bank
- Landlord: Michael Khakshouri & Jonathan Harooni
- Brokers: Matthew Murphy, Irene Uy, Leor Fidler
The lender involved in this transaction is New York Community Bank. On the landlord side, Michael Khakshouri and Jonathan Harooni, who represent Royal Blue Properties, facilitated the deal. Matthew Murphy, Irene Uy, and Leor Fidler served as the brokers in this transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,139,000.00
Monthly NOI$7,593.33
Monthly Debt Service$7,199.25
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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