Updated Dec 20, 2023
Jason Stricker Acquires Yonkers Multifamily For $1.85M
19 Lawrence Street, Yonkers, NY, USA
$1,850,000
$109/SF
Building Size
16,930 SF
Asset Type
MultiFamily
Closing
Dec 1, 2020
About this deal
AI
A multifamily property located at 19 Lawrence Street in Yonkers was recently sold for $1,850,000. The property consists of 11 units, with a price per unit of approximately $168,181. The transaction took place on December 2, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Date: 12/02/2020
- Address: 19 Lawrence Street
- Market: Yonkers
- Buyer: Jason Stricker
- Seller: Anthony Chiarello
- Brokers: Anthony Watkins & David Algarin @OakAveryGroup
- Units: 11
- Price per Unit: $168,181
The buyer of the property was Jason Stricker, and the seller was Anthony Chiarello. The transaction was facilitated by brokers Anthony Watkins and David Algarin from the OakAveryGroup.
Players
City of Yonkers 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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93