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
City of New Rochelle 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93