Updated Dec 18, 2023
Edward Mil Acquires Multifamily Property In Yonkers For $5.5M
195 Hoover Road, Yonkers, New York 10710, United States
$5,500,000
$237/SF
Building Size
23,144 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
About this deal
AI
The multifamily property located at 195-197-199 Hoover Road in Yonkers has been sold for a total price of $5,500,000. The transaction was completed on 12/03/2021. The property consists of 22 units with a price per unit of $250,000. It spans across a total area of 23,144 square feet, resulting in a price per square foot of $237.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $5,500,000
- Address: 195-197-199 Hoover Road, Yonkers
- Market: Yonkers
The buyer of the property is Edward Mil, while the seller is Silvio Alfeo. The transaction was brokered by Michael Nukho and Lukasz Przybylek from NuRealty Advisors Inc., representing the respective parties. The deal was successfully closed within 30 days, with the property being delivered at the full asking price.
For more information about this transaction, please contact [email protected] or visit www.NuRealtyAdvisors.com.
On the Map
$5,500,000
$237/SF
MultiFamily
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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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93