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45 Yale Ave, Ossining, New ...

Sendy Gluck Acquires Multifamily Property On Yale Ave, Ossining NY For $1.4M
SOLDMultiFamily

Sendy Gluck Acquires Multifamily Property On Yale Ave, Ossining NY For $1.4M

45 Yale Ave, Ossining, New York 10562, United States

$1,425,000

$237/SF

Building Size

6,000 SF

Asset Type

MultiFamily

Closing

Mar 2, 2022

AI

The multifamily property located at 45-47 Yale Ave in Westchester, Ossining NY has been sold. The property consists of 8 units with a total area of 6,000 square feet. The sale was completed on 03/03/2022 for a total price of $1,425,000, resulting in a per unit price of $178,125 and a price per square foot of $237. The transaction was facilitated by Sendy Gluck, who acted as the buyer, and Jake Deraaff and Austin Deraaff, who acted as the sellers.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $1,425,000
  • Units: 8
  • Price per Unit: $178,125
  • Total Square Footage: 6,000
  • Price per Square Foot: $237
  • Address: 45-47 Yale Ave, Westchester, Ossining NY
  • Market: Westchester, Ossining NY

Sendy Gluck played a pivotal role as the buyer in this transaction, while Jake Deraaff and Austin Deraaff represented the sellers. This successful sale marks a significant milestone in the real estate market of Westchester, Ossining NY.

Players

Jake Deraaff

Seller

$35.5M

vol

6 deals

Seller

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

11.13%

Cash-on-Cash

-3.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93