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Baker Capital Group Acquires Mt. Vernon MultiFamily For $1.52M

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SOLD
$1,525,000

New York

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MultiFamily12,000 SF
Sold 02/04/2022
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Property Image
SOLD

Baker Capital Group Acquires Mt. Vernon MultiFamily For $1.52M

203 North 9th Avenue, Mount Vernon, New York 10550, United States

See Similar Deals
MultiFamily12,000 SF
Sold 02/04/2022
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$127
Total Square Footage:12,000 SF
Transaction Type:Sale

A multifamily property located at 203 North 9th Ave. in Mt. Vernon has been sold for $1,525,000. The property comprises 12,000 square feet, resulting in a price per square foot of $127. It consists of 12 units, with a price per unit of $127,083. The previous sale of the property took place on April 28, 2010, at a price of $1,225,000.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,525,000
  • Square Footage: 12,000
  • Price per Square Foot: $127
  • Units: 12
  • Price per Unit: $127,083
  • Previous Sale Price: $1,225,000 (4/28/2010)

The buyer of the property is Baker Capital Group, represented by Jordan Cohen and Don Bichoupan. Baker Capital Group is actively looking for investment properties in the Bronx and Westchester, and interested parties can contact Jordan Cohen at (516) 225-7509 or via email at [email protected], and Don Bichoupan at [email protected].

Players

JC
8 deals$13.7M volume
BUYER

Details

SOLD
IMAGE: Jordan Cohen & Don Bichoupan DATE: 02/04/2022 ADDRESS: 203 North 9th Ave. MARKET: Mt. Vernon ASSET TYPE: MultiFamily BUYER: Baker Capital Group (@BakerCapitalGroup) - Jordan Cohen (@JordanCo) & Don Bichoupan (@DBichoupan) SALE PRICE: $1,525,000 SF: 12,000 ~ PPSF: $127 UNITS: 12 ~ PPU: $127,083 LAST SALE PRICE: $1,225,000 (4/28/2010) NOTE FROM @BakerCapitalGroup: Baker Capital Group is actively seeking investment properties in the Bronx & Westchester. Please reach out with any opportunities Contact Buyer Directly: 📱(516) 225-7509 📬 [email protected] [email protected]

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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