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3 Market St, Ossining, NY 1...

Yechiel Lichtenstein Acquires Multifamily Property In Ossining For $515,000
SOLDMultiFamily

Yechiel Lichtenstein Acquires Multifamily Property In Ossining For $515,000

3 Market St, Ossining, NY 10562

$515,000

$171/SF

Building Size

3,000 SF

Asset Type

MultiFamily

Closing

Aug 7, 2023

AI

The multifamily property located at 3 Market Street in Ossining has been sold for a price of $515,000. This property consists of 3 units, with an average price per unit of $171,667. The total square footage of the property is 3,000, resulting in a price per square foot of $172.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $515,000
  • Units: 3
  • Average Price per Unit: $171,667
  • Square Footage: 3,000
  • Price per Square Foot: $172
  • Address: 3 Market Street, Ossining

The buyer of this property is Yechiel Lichtenstein, while Santiago Carlos is the seller. The transaction was facilitated by Mendel Hodakov from 845HomeBuyers and Chaim Lebrecht from Clapton Equities. If you have any further real estate deals in NYC or lower Hudson Valley, you can reach out to Mendel Hodakov at 845-837-5599.

Players

Chaim Lebrecht

Broker

$1.5M

vol

2 deals

Broker

Ossining 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

30.80%

Cash-on-Cash

-8.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93