Updated Sep 26, 2025
Alain Mazaud Sells Multifamily Portfolio In Yonkers For $4.55M
484 Walnut Street, Yonkers, NY, USA
$4,550,000
$156/SF
Building Size
29,089 SF
Asset Type
MultiFamily
Closing
Dec 10, 2020
About this deal
AI
The multifamily asset sold is located at 484 Walnut Street, 30 Herriot Place, 176-178 Palisade Avenue, and 138 Hawthorne Avenue within the Nepperhan Heights & Getty Square market in Yonkers, NY. The sale price reached $4,550,000, covering a total square footage of 29,089, which indicates a price per square foot of $156.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,550,000
- Square Footage: 29,089
- Price per Square Foot: $156
- Seller: Alain Mazaud
Alain Mazaud represented the seller in this transaction, navigating the sale process in the Yonkers market. His involvement was crucial in finalizing the agreement for the multifamily properties specified.
Players
City of 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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93