Updated Mar 11, 2025
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
About this deal
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.
The multifamily loan at 52 Yonkers Avenue, Yonkers, NY 10701, USA in City of Yonkers, New York financed for $2.1M in 2021. The building is 17,000 square feet, implying about 123 per square foot on the published price. Named participants on the 52 Yonkers Avenue, Yonkers, NY 10701, USA loan are Marcia Kaufman, Sharon Nachman. This page is the City of Yonkers, New York file for the 52 Yonkers Avenue, Yonkers, NY 10701, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same City of Yonkers sit in the Market section below. Filter that City of Yonkers multifamily set by closing date to see what else financed near 52 Yonkers Avenue, Yonkers, NY 10701, USA around 2021. Published consideration for 52 Yonkers Avenue, Yonkers, NY 10701, USA is $2.1M, dated 2021. Cite this Bayport Funding Provides $2.1M Loan For Multifamily Property On Yonkers Ave loan when underwriting similar multifamily product around City of Yonkers, New York.
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