A Multifamily Portfolio Acquires In Yonkers For $5.75M
SOLD
$5,750,000
New York
See Similar DealsMultiFamily8,496 SF
Sold 12/11/2020
SOLD
A Multifamily Portfolio Acquires In Yonkers For $5.75M
176 Palisade Avenue, Yonkers, NY, USA
See Similar DealsMultiFamily8,496 SF
Sold 12/11/2020
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$676
Total Square Footage:8,496 SF
Transaction Type:Sale
This transaction involved multiple multifamily properties located at 176 Palisades Ave., 178 Palisades Ave., 148 Hawthorne Ave., 484 Walnut Ave., and 30 Herriot Pl. in the Yonkers market. The properties were sold for $5,750,000 and comprise a total of 37 units, resulting in a price per unit of $155,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,750,000
- Address: 176 Palisades Ave., 178 Palisades Ave., 148 Hawthorne Ave., 484 Walnut Ave., 30 Herriot Pl.
- Market: Yonkers
- Units: 37
- Price per Unit: $155,000
- Seller: Alen Ruvin
- Brokers: Yael Ishakis & Molly Gross
The deal was facilitated by brokers Yael Ishakis and Molly Gross, representing the seller Alen Ruvin in this multifamily property transaction within the Yonkers market.
Players
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
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
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.
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)
$306,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20
Is there something missing? Send suggestions