Updated Jan 23, 2025
RNJ Holding Of Cortlandt Manor Sells MultiFamily Property At 35 37 High Street For $1.35M
35 37 High Street
$1,350,000
$398/SF
Building Size
3,390 SF
Asset Type
MultiFamily
Closing
May 31, 2022
About this deal
AI
The property located at 35 37 High Street is a multifamily asset situated in Rye, featuring a total square footage of 3,390. The property was sold for $1,350,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,350,000.00
- Address: 35 37 High Street
- Market: Rye
- Seller: RNJ Holding of Cortlandt Manor
- Brokers: Matt Cawley (National Multifamily)
This transaction was facilitated by Matt Cawley, who represented the seller in the deal, ensuring the interests of RNJ Holding of Cortlandt Manor were upheld throughout the sale process.
On the Map
$1,350,000
$398/SF
MultiFamily
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Rye 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93