Updated Oct 29, 2024
Muss Development Acquires Multifamily Property In Hartsdale, Westchester For $29.25M
250 S Central Ave, Hartsdale, NY 10530, USA
$29,250,000
$63/SF
Building Size
463,420 SF
Asset Type
MultiFamily
Closing
Jan 8, 2020
About this deal
AI
The multifamily property located at 250 South Central Avenue in Hartsdale, Westchester has been sold in a closed transaction. The property spans across a total area of 46,342 square feet, with a price per square foot of $631. It consists of 51 units, with a price per unit of $573,000.
Summary of transaction details
- Property Type: Multifamily
- Asking Price: $30,000,000
- Sale Price: $29,250,000
- Square Feet: 46,342
- Price Per Square Foot: $631
- Units: 51
- Price Per Unit: $573,000
The seller of the property is Ted Weinberg, while Muss Development has acquired it. Itan Rahmani and Jacob Stavsky represented Muss Development as the buyer's representatives in the deal.
On the Map
$29,250,000
$63/SF
MultiFamily
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Players
Hartsdale 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
0.54%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93