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
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