facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

165 Huguenot St New Rochell...

Intel Capital Acquires The Printhouse In New Rochelle For $22.75M
SOLDMultiFamily

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

Jose Cruz

JLL

Broker

$7.9B

vol

102 deals

Broker
Ryan Goldstein

Ryan Goldstein

Buyer

$91.6M

vol

4 deals

Buyer

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