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143 School Street, Yonkers,...

Aaron Silberman Acquires Multifamily Property On School Street In Yonkers For $1.205M
SOLDMultiFamily

Aaron Silberman Acquires Multifamily Property On School Street In Yonkers For $1.205M

143 School Street, Yonkers, New York 10701, United States

$1,205,000

$192/SF

Building Size

6,250 SF

Asset Type

MultiFamily

Closing

Jan 12, 2022

AI

The multifamily property located at 143 School Street in Westchester County, Yonkers, has been sold in a recent transaction. The sale took place on 01/12/2022. The property consists of 8 units with a total square footage of 6,250. The sale price for the property was $1,205,000, with a price per unit of $150,625 and a price per square foot of $192.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,205,000
  • Market: Westchester County, Yonkers
  • Address: 143 School Street

The buyer of the property is Aaron Silberman, while the seller is Steven Edlund. The brokers involved in the transaction are Michael Nukho and Lukasz Przybylek from NuRealty Advisors Inc. You can find Michael Nukho's LinkedIn profile here and Lukasz Przybylek's LinkedIn profile here.

Players

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 deals

Broker

Aaron Silberman

Buyer

$2.4M

vol

2 deals

Buyer

City of 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

13.16%

Cash-on-Cash

-3.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93