facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Multifamily

/

Sale

/

2127 Crompond Road

Gina DiPaterio Acquires Office Building From Christine Johnson In Cortlandt Manor For $2.18M
SOLDMultiFamily

Gina DiPaterio Acquires Office Building From Christine Johnson In Cortlandt Manor For $2.18M

2127 Crompond Road

$2,180,000

$205/SF

Building Size

10,600 SF

Asset Type

MultiFamily

Closing

Feb 24, 2025

AI

The property asset involved in this transaction is an office located at 2127 Crompond Road in Cortlandt Manor. The sale price of the property was $2,180,000, comprising a total of 18 units. The total square footage of the asset is 10,600, with a price per unit of $121,111 and a price per square foot of $205.66.

Summary of transaction details:

Key individuals in this deal include buyer Gina DiPaterio and seller Christine Johnson, along with the broker representatives from Redwood Realty Advisors, Sean Campbell, Thomas Gorman Jr., and Michael Scrima, who facilitated the transaction.

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

Cortlandt Manor MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.28%

Cash-on-Cash

-2.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93