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58 Bruce Avenue, Yonkers, N...

Updated Dec 18, 2023

Christian Nolasco Acquires Multifamily Property In Yonkers For $2.15M
SOLDMultiFamily

Christian Nolasco Acquires Multifamily Property In Yonkers For $2.15M

58 Bruce Avenue, Yonkers, NY 10705

$2,150,000

$181/SF

Building Size

11,870 SF

Asset Type

MultiFamily

Closing

Jan 12, 2022

About this deal

AI

Located at 58 Bruce Avenue in Yonkers, this multifamily property was recently sold in a closed transaction. The sale took place on January 12, 2022, and the property consists of 15 units with a total square footage of 11,870. The sale price for this asset was $2,150,000, resulting in a price per unit of $143,333 and a price per square foot of $181.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,150,000
  • Address: 58 Bruce Avenue, Yonkers

Christian Nolasco was the buyer in this transaction, while Steve Edlund served as the seller. The deal was facilitated by brokers Michael Nukho and Lukasz Przybylek from NuRealty Advisors Inc. You can find more information about Michael Nukho on his LinkedIn profile (http://www.linkedin.com/in/michael-nukho-cpm-59926914) and about Lukasz Przybylek on his LinkedIn profile (http://linkedin.com/in/lukasz-przybylek-700a30181).

Players

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 deals

Broker

City of Yonkers MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $181 per square foot on a published $2.2M for 11,870 square feet (2022).

Visit Michael Nukho to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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