Updated Dec 4, 2024
Shabj Meh Acquires Multifamily Property In Yonkers For $4.3M
376 Mclean Avenue
$4,300,000
$189/SF
Building Size
22,752 SF
Asset Type
MultiFamily
Closing
Mar 1, 2024
About this deal
AI
The multifamily property located at 376 Mclean Avenue in Yonkers was recently sold for $4,300,000. The asset comprises 32 units with a price per unit of $134,375. Spanning 22,752 square feet, the property was acquired at a price per square foot of $189.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Units: 32
- Price Per Unit: $134,375
- Square Footage: 22,752
- Price Per Square Foot: $189
- Address: 376 Mclean Avenue, Yonkers
- Buyer: Shabj Meh
- Seller: Richard Yume
- Brokers: Michael Nukho & Lukasz Przybylek - NuRealty Advisors
The transaction was facilitated by Michael Nukho and Lukasz Przybylek from NuRealty Advisors, who represented the buyer and seller in the deal.
On the Map
$4,300,000
$189/SF
MultiFamily
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Players
Yonkers 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93