Updated Dec 21, 2023
Michael Scrima & Thomas Gorman Jr. Of Edwood Realty Advisors Sell Westchester County Multifamily For $5.15M
111 Sagamore Road, Tuckahoe, Westchester County, NY, USA
$5,150,000
$286/SF
Building Size
18,000 SF
Asset Type
MultiFamily
Closing
Aug 25, 2021
About this deal
AI
A multifamily property located at 111 Sagamore Road in Westchester County was recently sold for a total price of $5,150,000. The transaction took place on 08/25/2021, with a total square footage of 18,000. This equates to a price per square foot of $286.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,150,000
- Address: 111 Sagamore Road, Westchester County
- Market: Westchester County
The sale of the property was facilitated by brokers Michael Scrima and Thomas Gorman Jr. from edwoodRealtyAdvisors. They represented the parties involved in the transaction.
Players
Tuckahoe 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93