facebook
Traded Co logo
Submit

Abe Haddad Acquires Westchester County Multifamily For $2.71M

Property Image
SOLD
$2,710,000

New York

See Similar Deals
MultiFamily12,000 SF
Sold 09/09/2022
the dealplayerscompscontact
Property Image
SOLD

Abe Haddad Acquires Westchester County Multifamily For $2.71M

150 Fulton Street

See Similar Deals
MultiFamily12,000 SF
Sold 09/09/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$225
Total Square Footage:12,000 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 150 Fulton St, in Westchester County. The transaction was finalized for a price of $2,710,000, consisting of 15 units, encompassing a total area of 12,000 square feet, resulting in a price per unit of $180,666 and a price per square foot of $225.

Summary of transation details:

The deal was representative of key players in the real estate market, with Anthony Watkins and David Algarin acting as the brokers representing both parties. Their involvement highlights the significant collaboration required in closing a property transaction of this scale.

Players

Anthony Watkins
29 deals$107.3M volume(914) 292-0105
BROKER

David Algarin
Oak & Avery Group
27 deals$100.8M volume(914) 292-1081
BROKER

Details

SOLD
IMAGE: Anthony Watkins & David Algarin DATE: 09/09/2022 ADDRESS: 150 Fulton St MARKET: Westchester County ASSET TYPE: Multifamily BUYER: Abe Haddad SELLER: Antonio Varvaro BROKERS: Anthony Watkins & David Algarin - The Oak & Avery Group (@OakAveryGroup) SALE PRICE: $2,710,000 UNITS: 15 ~ PPU: $180,666 SF: 12,000 ~ PPSF: $225

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$144,533.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,628.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,846.78
Annual Debt Service$154,161.39