Nina Molonga Acquires Package Deal In Athens For $550,000
286 Tommy Trail Athens, NY 12015, USA & 286 Tommy Trail
$550,000
$152/SF
Building Size
3,600 SF
Asset Type
MultiFamily
Closing
May 30, 2023
AI
The property involved in this sale is a package deal located at 286 Tommy Trail in Athens. The transaction was completed on 05/30/2023. The property consists of 1,800 square feet and was sold for a price of $550,000, resulting in a price per square foot of $306. The buyer in this transaction was Nina Molonga, while the seller was Bowery Boi.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $550,000
- Square Footage: 1,800
- Buyer: Nina Molonga
- Seller: Bowery Boi
The transaction was facilitated by Mike Mangual from NXT LVL Realty. He represented the buyer, Nina Molonga, in this deal.
Players
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
28.84%
Cash-on-Cash
-8.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93