Rob Macchia Purchases Multifamily Asset From Marushka Bindra In Ossining For $1.75M
SOLD
$1,750,000
New York
See Similar DealsMultiFamily7,500 SF
Sold 01/16/2026
SOLD
Rob Macchia Purchases Multifamily Asset From Marushka Bindra In Ossining For $1.75M
59 Ferris Place
See Similar DealsMultiFamily7,500 SF
Sold 01/16/2026
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$233
Total Square Footage:7,500 SF
Transaction Type:Sale
The property asset involved in the transaction is a multifamily building located at 59 Ferris Place in Ossining. The sale price was $1,750,000, with a total square footage of 7,500, resulting in a price per square foot of $233.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Address: 59 Ferris Place
- Market: Ossining
- Square Feet: 7,500
- Price per Square Foot: $233
- Buyer: Rob Macchia
- Seller: Marushka Bindra
- Brokers: Michael Scrima & Thomas Gorman Jr. - Houlihan Lawrence Commercial
Key individuals in this deal include Rob Macchia, the buyer acquiring the property, and Marushka Bindra, the seller transferring ownership of the asset. The transaction was facilitated by brokers Michael Scrima and Thomas Gorman Jr. from Houlihan Lawrence Commercial, representing their respective clients throughout the negotiations.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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