Updated Dec 18, 2023
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
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93