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604 Warburton Ave

Aron Mosh Acquires Multifamily Property On Warburton Ave In Yonkers For $3.95M
SOLDMultiFamily

Aron Mosh Acquires Multifamily Property On Warburton Ave In Yonkers For $3.95M

604 Warburton Ave

$3,950,000

$145/SF

Building Size

27,228 SF

Asset Type

MultiFamily

Closing

Sep 9, 2022

AI

A multifamily property located at 604 Warburton Ave. in Yonkers has recently been sold. The property consists of 20 units with a total square footage of 27,228. The asking price for the property was $4,300,000, and it was sold for $3,950,000. This translates to a price per unit (PPU) of $197,500 and a price per square foot (PPSF) of $145.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,950,000
  • Address: 604 Warburton Ave.
  • Market: Yonkers
  • Seller: Nour Anab
  • Buyer: Aron Mosh
  • Brokers: Michael Nukho - NuRealty Advisors Inc. and Lukasz Przybylek - NuRealty Advisors Inc.
  • Asking Price: $4,300,000
  • Units: 20
  • PPU: $197,500
  • SF: 27,228
  • PPSF: $145

The sale of this multifamily property was facilitated by Michael Nukho and Lukasz Przybylek from NuRealty Advisors Inc. They represented the buyer, Aron Mosh, and the seller, Nour Anab, in this transaction. The successful sale of the property at a sale price of $3,950,000 is a testament to their expertise and negotiation skills.

Players

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 deals

Broker

City of Yonkers MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.02%

Cash-on-Cash

-1.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93