Jake Deraaff And Austin Deraaff Acquire Selkirk Multifamily Property From Dawn Garabedien For $1.95M
SOLD
$1,950,000
New York
See Similar DealsMultiFamily35,000 SF
Sold 09/05/2024
SOLD
Jake Deraaff And Austin Deraaff Acquire Selkirk Multifamily Property From Dawn Garabedien For $1.95M
1734 Route 9w
See Similar DealsMultiFamily35,000 SF
Sold 09/05/2024
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$55
Total Square Footage:35,000 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily unit located at 1734 Route 9w in Selkirk, with a sale price of $1,950,000. The building includes 61 units and offers a total square footage of 35,000, translating to a price per unit of $31,967 and a price per square foot of $55.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Units: 61
- Square Footage: 35,000
- Price Per Unit: $31,967
- Price Per Square Foot: $55
- Buyer: Jake Deraaff & Austin Deraaff - Raven3 Home Buyers
- Seller: Dawn Garabedien
Jake Deraaff and Austin Deraaff, representing Raven3 Home Buyers, are actively seeking to acquire multifamily, manufactured housing communities, and residential properties in the Hudson Valley region.
Details
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
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
Is there something missing? Send suggestions