Updated Dec 21, 2023
Placido Calabro Acquires Westchester County Multifamily For $1.7M
26 Lafayette Avenue, Brooklyn, New York 11221, United States
$1,700,000
$173/SF
Building Size
9,800 SF
Asset Type
MultiFamily
Closing
Apr 27, 2022
About this deal
AI
Located at 26 Lafayette Ave. in Westchester County, this multifamily property was recently sold in a closed transaction. The property consists of 12 units, spanning a total area of 9,800 square feet. The sale price for this asset was $1,700,000, resulting in a price per unit of $141,666, and a price per square foot of $173.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 26 Lafayette Ave.
- Market: Westchester County
Placido Calabro acquired the property from Gabriela Barragan. The transaction was facilitated by the brokers, Anthony Watkins and David Algarin, who represented both the buyer and seller. They are affiliated with The Oak & Avery Group.
On the Map
$1,700,000
$173/SF
MultiFamily
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New York 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93