Cheney Vasquez Acquires Multifamily Property In Eastchester For $4.95M
16 Hall Place, Eastchester, New York 10709, United States
$4,950,000
$202/SF
Building Size
24,393 SF
Asset Type
MultiFamily
Closing
Feb 3, 2022
AI
16 Hall Place, located in Eastchester, was recently sold in a record-breaking transaction. The multifamily property was sold for $4,950,000, making it a significant deal in the real estate market. The property spans across 24,393 square feet, resulting in a price per square foot of $202.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,950,000
- Address: 16 Hall Place, Eastchester
- Market: Eastchester
The buyer, Cheney Vasquez, acquired the property from John Curreri in this notable transaction. Facilitating the deal was Lena Rivera from Link NY Realty, who represented both parties involved. Lena Rivera, as a broker from Link NY Realty, played a crucial role in the successful completion of the sale. It's worth mentioning that Link NY Realty specializes in both commercial and residential real estate, with access to an extensive portfolio 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
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93