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Saqif Noor Purchase Multifamily Property On Yonkers Ave. For $4.35M

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SOLD
$4,350,000

New York

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MultiFamily10,000 SF
Sold 01/22/2021
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Property Image
SOLD

Saqif Noor Purchase Multifamily Property On Yonkers Ave. For $4.35M

1179 Yonkers Ave, Yonkers, NY, USA

See Similar Deals
MultiFamily10,000 SF
Sold 01/22/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$435
Total Square Footage:10,000 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 1179 Yonkers Ave. in Yonkers, New York. It was sold for $4,350,000, comprising 21,603 BSF and 10,000 SF, resulting in a PPBSF of $201 and a PPSF of $435. The building includes 22 units, with a price per unit (PPU) of $197,727. The last sale of the property was recorded at $4,030,000 in October 2014.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,350,000
  • Address: 1179 Yonkers Ave.
  • Market: Yonkers, New York
  • BSF: 21,603
  • PPBSF: $201
  • SF: 10,000
  • PPSF: $435
  • Units: 22
  • PPU: $197,727
  • Last Sale: $4,030,000 (10/2014)

The buyer of the property is Saqif Noor, while Michael Scrima and Thomas Gorman, Jr. from Redwood Realty Advisors acted as representatives in this transaction. Their involvement reflects the brokerage sector's continued activity in the Yonkers market.

Players

Michael Scrima
60 deals$214.1M volume
BROKER

Thomas Gorman Jr.
Houlihan Lawrence Commercial
62 deals$240M volume(914) 205-2020
BROKER

Saqif Noor
Nord Group
5 deals$9.4M volume
BUYER

Details

SOLD
IMAGE: Thomas Gorman Jr., Michael Scrima & Saqif Noor DATE: 01/22/2021 ADDRESS: 1179 Yonkers Ave. MARKET: Yonkers, New York ASSET TYPE: Multifamily SELLER: 🤫 BUYER: Saqif Noor BROKERS: Michael Scrima & Thomas Gorman, Jr. - Redwood Realty Advisors SALE PRICE: $4,350,000 BSF: 21,603 ~ PPBSF: $201 SF: 10,000 ~ PPSF: $435 UNITS: 22 ~ PPU: $197,727 LAST SALE: $4,030,000 (10/2014)

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