Updated Dec 20, 2023
Redwood Realty Advisors Brokers $7M Multifamily Sale In Peekskill, NY
205 Nelson Ave, Peekskill, NY 10566, USA
$7,000,000
$148/SF
Building Size
47,000 SF
Asset Type
MultiFamily
Closing
Sep 29, 2020
About this deal
AI
A multifamily property located at 205 Nelson Avenue in Peekskill, NY, has been sold for $7,000,000. The property spans 47,000 square feet, resulting in a price per square foot of $148.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,000,000
- Address: 205 Nelson Avenue, Peekskill, NY
- Market: Peekskill, NY
- Square Footage: 47,000
The property was sold by Debra Kelly and Theresa Kelly. The buyer's identity was not disclosed. The transaction was facilitated by Thomas Gorman, Jr. and Michael Scrima from RedwoodRealtyAdvisors.
Players
Peekskill 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93