facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

112 Saratoga Ave Yonkers, N...

Moshe Abraham Summit Acquires 9-Unit Multifamily In Yonkers For $3.05M
SOLDMultiFamily

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

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 deals

Broker
S
SummitBuyer

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