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18 Bonaventure Avenue

Johny Raja Purchases MultiFamily Asset From Shawn Winters In Wallkill For $690,000
SOLDMultiFamily

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

Michael Scrima

Houlihan Lawrence Commercial

Broker

$214.1M

vol

60 deals

Broker
Thomas Gorman Jr.
Verified Badge

Thomas Gorman Jr.

Houlihan Lawrence Commercial

Broker

$240M

vol

62 deals

Broker
Houlihan Lawrence Commercial
Houlihan Lawrence CommercialBrokerage

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