Moshe Abraham Summit Acquires 9-Unit Multifamily In Yonkers For $3.05M
112 Saratoga Ave Yonkers, NY 10705, USA
$3,050,000
$320/SF
Building Size
9,530 SF
Asset Type
MultiFamily
Closing
Aug 17, 2023
AI
A multifamily property located at 112 Saratoga Avenue in Yonkers has been sold for $3,050,000. The property consists of 9 units, with a price per unit of $338,889. It spans a total square footage of 9,530, with a price per square foot of $320.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,050,000
- Units: 9
- Price per Unit: $338,889
- Square Footage: 9,530
- Price per Square Foot: $320
- Address: 112 Saratoga Avenue, Yonkers
- Market: Yonkers
Moshe Abraham Summit has acquired the property from David Shaw. The transaction was facilitated by the brokers Michael Nukho and Lukasz Przybylek of NuRealty Advisors.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93