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Cheney Vasquez Acquires Eastchester Multifamily For $4M

Property Image
SOLD
$4,000,000
Lena Rivera
CV

New York

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MultiFamily12,627 SF
Sold 02/04/2022
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Property Image
SOLD

Cheney Vasquez Acquires Eastchester Multifamily For $4M

133 Hillside Place, Eastchester, New York 10709, United States

See Similar Deals
MultiFamily12,627 SF
Sold 02/04/2022
Lena Rivera
CV
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$316
Total Square Footage:12,627 SF
Transaction Type:Sale

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
Lena Rivera
15 deals$60M volume
BROKER
CV
Cheney Vasquez
3 deals$19.4M volume
BUYER

Details

SOLD
IMAGE: Lena Rivera DATE: 02/04/2022 ADDRESS: 131 Hillside Place MARKET: Eastchester ASSET TYPE: Multifamily BUYER: Cheney Vasquez SELLER: Dino Tomassetti BROKER: Lena Rivera (@LenaRivss) - Link NY Realty (@LinkNYRealty) SALE PRICE: $4,000,000 SF: 12,627 ~ PPSF: $316 NOTE FROM @LinkNYRealty: Record Breaking Sale! Link NY Realty specializes in Commercial & Residential Real Estate. They have access to over 200,000 properties.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$213,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,211.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,962.04
Annual Debt Service$227,544.49