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
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
Ossining 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93