Cheney Vasquez Acquires Eastchester Multifamily For $4M
133 Hillside Place, Eastchester, New York 10709, United States
$4,000,000
$316/SF
Building Size
12,627 SF
Asset Type
MultiFamily
Closing
Feb 3, 2022
AI
A multifamily property located at 131 Hillside Place in Eastchester has been sold in a record-breaking sale. The property, with a total square footage of 12,627, was sold for a price of $4,000,000, resulting in a price per square foot of $316.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Square Footage: 12,627
- Address: 131 Hillside Place
- Market: Eastchester
Cheney Vasquez has acquired the property from Dino Tomassetti in this noteworthy transaction. The deal was facilitated by Lena Rivera from Link NY Realty, a real estate agency specializing in both commercial and residential properties. It's worth noting that Link NY Realty has access to a vast database of over 200,000 properties.
Players
Eastchester 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93