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59 Ferris Place

Updated Feb 5, 2026

Bilt advertisement
Rob Macchia Purchases Multifamily Asset From Marushka Bindra In Ossining For $1.75M
SOLDMultiFamily

Rob Macchia Purchases Multifamily Asset From Marushka Bindra In Ossining For $1.75M

59 Ferris Place

$1,750,000

$233/SF

Building Size

7,500 SF

Asset Type

MultiFamily

Closing

Jan 15, 2026

About this deal

AI

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

Michael Scrima

Houlihan Lawrence Commercial

Broker

$214.1M

vol

60 deals

Broker
Thomas Gorman Jr.
Verified Badge

Thomas Gorman Jr.

Houlihan Lawrence Commercial

Broker

$240M

vol

62 deals

Broker
Houlihan Lawrence Commercial
Houlihan Lawrence CommercialBrokerage

Ossining MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $233 per square foot on a published $1.8M for 7,500 square feet (2026).

Visit Thomas Gorman Jr. to view all their deals.

Browse Ossining multifamily sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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