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119 Glenwood Avenue

Jason Strucker Purchases Multifamily Asset In Yonkers From Josh Cohen For $2.25M
SOLDMultiFamily

Jason Strucker Purchases Multifamily Asset In Yonkers From Josh Cohen For $2.25M

119 Glenwood Avenue

$2,250,000

$135/SF

Building Size

16,590 SF

Asset Type

MultiFamily

Closing

May 11, 2025

AI

This multifamily property located at 119 Glenwood Avenue in Yonkers features 17 residential units across a total square footage of 16,590. The transaction was completed for a total sale price of $2,250,000, resulting in a price per unit of $132,352 and a price per square foot of $135.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,250,000
  • Units: 17
  • Square Footage: 16,590
  • Price Per Unit: $132,352
  • Price Per Square Foot: $135
  • Buyer: Jason Strucker
  • Seller: Josh Cohen
  • Broker: Matthew Barbaccia - Brix Real Estate Advisors

Jason Strucker acquired the property from Josh Cohen, with the transaction facilitated by broker Matthew Barbaccia, representing Brix Real Estate Advisors in the deal.

Players

Matthew Barbaccia

Brix Real Estate Advisors

Broker

$71.1M

vol

30 deals

Broker
Brix Real Estate Advisors
Brix Real Estate AdvisorsBrokerage

Yonkers 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

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93