Johny Raja Purchases MultiFamily Asset From Shawn Winters In Wallkill For $690,000
18 Bonaventure Avenue
$690,000
$118/SF
Building Size
5,847 SF
Asset Type
MultiFamily
Closing
Sep 4, 2025
AI
The property asset involved in the transaction is a MultiFamily building located at 18 Bona Ventura Avenue in Wallkill. The sale occurred at a price of $690,000, encompassing a total of 6 units. The total square footage of the asset is 5,847, resulting in a price per unit of $115,000 and a price per square foot of $118.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $690,000
- Units: 6
- Square Feet: 5,847
- Price Per Unit: $115,000
- Price Per Square Foot: $118
- Buyer: Johny Raja
- Seller: Shawn Winters
- Brokers: Thomas Gorman Jr., Michael Scrima & Sean Campbell - Houlihan Lawrence Commercial
This transaction involved key individuals including buyer Johny Raja and seller Shawn Winters, who facilitated the deal with the support of brokers Thomas Gorman Jr., Michael Scrima, and Sean Campbell from Houlihan Lawrence Commercial, representing both parties effectively throughout the process.
Players
Wallkill 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
22.99%
Cash-on-Cash
-6.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93