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

Property Image
SOLD
$1,425,000

New York

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MultiFamily6,000 SF
Sold 03/03/2022
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Property Image
SOLD

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

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

See Similar Deals
MultiFamily6,000 SF
Sold 03/03/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$237
Total Square Footage:6,000 SF
Transaction Type:Sale

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

6 deals$35.5M volume
SELLER

6 deals$35.5M volume
SELLER

Details

SOLD
IMAGE: Austin Deraaff & Jake Deraaff DATE: 03/03/2022 ADDRESS: 45-47 Yale Ave. MARKET: Westchester, Ossining NY ASSET TYPE: Multifamily BUYER: Sendy Gluck SELLER: Jake Deraaff (@Jake.Deraaff) & Austin Deraaff SALE PRICE: $1,425,000 UNITS: 8 ~ PPU: $178,125 SF: 6,000 ~ PPSF: $237

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$76,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,062.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,755.23
Annual Debt Service$81,062.72