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133 Hillside Place, Eastche...

Cheney Vasquez Acquires Eastchester Multifamily For $4M
SOLDMultiFamily

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

Lena Rivera

Broker

$60M

vol

15 deals

Broker

Cheney Vasquez

Buyer

$19.4M

vol

3 deals

Buyer

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