Updated Aug 29, 2025
Dwight City Group Acquires Multifamily Asset From Tallbridge Capital For $4.05M In Yonkers
615 Warburton Avenue, Yonkers, NY, USA
$4,050,000
$3,308/SF
Building Size
1,224 SF
Asset Type
MultiFamily
Closing
Dec 8, 2020
About this deal
AI
The asset involved in this transaction is a multifamily property located at 615 Warburton Avenue in Yonkers. The sale price of the property was $4,050,000, and it comprises 44 units, resulting in a price per unit of $92,045.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,050,000
- Address: 615 Warburton Avenue
- Market: Yonkers
- Units: 44
- Price Per Unit: $92,045
- Buyer: Dwight City Group
- Seller: Tallbridge Capital - Jason Harkavy
- Brokers: Tony Nabhan & Chrystal Reid @KWNewYorkCity
The deal was facilitated by brokers Tony Nabhan and Chrystal Reid, representing the buyer, Dwight City Group, and the seller, Tallbridge Capital represented by Jason Harkavy.
On the Map
$4,050,000
$3,308/SF
MultiFamily
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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
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93