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33 Huguenot Street, New Roc...

Gil Bergman Acquires Multifamily Property In Westchester County From Seller Sutton Family
SOLDMultiFamily

Gil Bergman Acquires Multifamily Property In Westchester County From Seller Sutton Family

33 Huguenot Street, New Rochelle, New York 10801, United States

$1,200,000

$342/SF

Building Size

3,500 SF

Asset Type

MultiFamily

Closing

Aug 10, 2022

AI

Located at 33 Huguenot St. in Westchester County, this multifamily property was recently sold in a transaction. The property spans approximately 3,500 square feet and was listed for sale on Instagram. The transaction took place on August 11, 2022, and involved the purchase of the property by Gil Bergman from the Sutton Family. The sale price for the property was $1,200,000, resulting in a price per square foot of $342.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 33 Huguenot St.
  • Market: Westchester County

The Oak & Avery Group, represented by Anthony Watkins & David Algarin, facilitated the transaction as brokers. They played a crucial role in bringing together the buyer, Gil Bergman, and the seller, Sutton Family, ensuring a successful deal. The transaction marks a significant milestone for all parties involved.

Players

Anthony Watkins

Oak & Avery Group

Broker

$107.3M

vol

29 deals

Broker
David Algarin
Verified Badge

David Algarin

Oak & Avery Group

Broker

$100.8M

vol

27 deals

Broker

Gil Bergman

Buyer

$2.4M

vol

2 deals

Buyer

Sutton Family

Seller

$3.7M

vol

3 deals

Seller

City of New Rochelle 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93