Updated Oct 29, 2024
Hudson Hill Partners Sells Multifamily Property In Rye Brook For $3.25M
510 Westchester Ave, The Bronx, NY 10455, USA
$3,250,000
$5,416/SF
Building Size
600 SF
Asset Type
MultiFamily
Closing
Sep 29, 2020
About this deal
AI
The multifamily property located at 510 Westchester Ave in Rye Brook has been sold for $3,250,000. The transaction took place on September 30, 2020. Hudson Hill Partners served as the seller in this deal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Address: 510 Westchester Ave, Rye Brook
- Market: Rye Brook
The brokers for the sale were Michael Scrima and Thomas Gorman, Jr. from Redwood Realty Advisors.
For more information, please contact Michael Scrima directly at 845.596.9104 or [email protected].
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93