Intel Capital Acquires The Printhouse In New Rochelle For $22.75M
165 Huguenot St New Rochelle, NY 10801, USA
$22,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 8, 2023
AI
The Printhouse, a high-end 72-unit multifamily property located at 165 Huguenot Street in New Rochelle, New York, has been sold. The property was purchased by Intel Capital for a total of $22.75 million.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $22,750,000
- Address: 165 Huguenot Street, New Rochelle
- Market: New Rochelle
Intel Capital, represented by Ryan Goldstein, acquired The Printhouse. The transaction was facilitated by a team of brokers from JLL, namely Elizabeth DeVesty, Jose Cruz, Michael Oliver, Steve Simonelli, and Marion Jones.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93