Updated Jun 30, 2026
Investment Group Sells 18-Unit Apartment Building In Irvington For $3.65M With Houlihan-Parnes Properties
111 North Broadway
$3,650,000
$331/SF
Building Size
11,000 SF
Asset Type
MultiFamily
Closing
Jun 25, 2026
About this deal
AI
A Westchester-based investment group sold an 18-unit apartment building located at 111 North Broadway in Irvington for $3.65 million. The building encompasses a total of 11,000 square feet, resulting in a price per square foot of $332. With 18 units, the price per unit equates to $202,778.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,650,000
- Square Footage: 11,000
- Price per Square Foot: $332
- Units: 18
- Price per Unit: $202,778
- Address: 111 North Broadway
- Market: Irvington
Houlihan-Parnes Properties facilitated this transaction with brokers Jeremiah Houlihan and James K. Coleman representing the sales process. Their involvement underscores their role in managing property transactions in the Irvington area.
Players
Fuquay-Varina MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93