Bayport Funding Provides $2.1M Loan For Multifamily Property On Yonkers Ave
52 Yonkers Avenue, Yonkers, NY 10701, USA
$2,100,000
$123/SF
Building Size
17,000 SF
Asset Type
MultiFamily
Closing
Apr 19, 2021
AI
Located at 52 Yonkers Ave in Yonkers, this multifamily property was involved in a recent closed transaction. The property features a loan amount of $2,100,000.
Summary of Transaction Details:
- Asset Type: Multifamily
- Address: 52 Yonkers Ave
- Market: Yonkers
The loan for this transaction was provided by Bayport Funding, represented by Sharon Nachman and Marcia Kaufman of Bayport Funding. For more information on getting your next deal funded by Bayport Funding, call (800) 551-4046.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93