FINANCEDMultiFamily
Michael J. Gefter Secures $925,000 Loan For Multifamily Property At 26 Hamilton Ave In Ossining
26 Hamilton Ave
$925,000
$185/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Mar 3, 2025
AI
The asset involved in this transaction is a MultiFamily property located at 26 Hamilton Ave in the Ossining market. The loan amount secured for this property is $925,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $925,000.00
- Address: 26 Hamilton Ave
- Market: Ossining
- Broker: Michael J. Gefter
The deal was facilitated by broker Michael J. Gefter, who represented the interests of the involved parties throughout the transaction process.
Players
Ossining 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
17.15%
Cash-on-Cash
-4.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93