Larry Zombek, Andrew Doppelt Acquire Multifamily Property In Mount Vernon NY For $2.2M
536-542 N High St, Mount Vernon, Westchester County, NY 10552, USA
$2,200,000
$191/SF
Building Size
11,500 SF
Asset Type
MultiFamily
Closing
Nov 18, 2021
AI
The multifamily property located at 536-542 N. High St. in Mount Vernon, NY 10552 has been sold in a transaction. The sale took place on 11/18/2021 in the Westchester market. The property consists of 17 units, with a total square footage of 11,500. The sale price for this transaction was $2,200,000, resulting in a price per unit of $129,411 and a price per square foot of $191.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,200,000
- Address: 536-542 N. High St., Mount Vernon, NY 10552
- Market: Westchester
- Units: 17
- Square Footage: 11,500
The buyer in this transaction is Larry Zombek, Andrew Doppelt, Joseph Stein, and Derek Greenbaum. They have acquired the property from Hillside View Realty LLC. The broker representing the buyer in this deal is Isabel Suspiro from Four Seasons Real Estate Center.
Players
City of Mount Vernon 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93