Ilir Biga And Joseph Biga Acquire Multifamily Asset In Yonkers For $1.3M With Broker Matthew Barbaccia
70 Saratoga Avenue
$1,300,000
$97/SF
Building Size
13,380 SF
Asset Type
MultiFamily
Closing
Jan 21, 2026
AI
The property asset involved in this transaction is a multifamily building located at 70 Saratoga Avenue in Yonkers. The building consists of 10 units, covering a total of 13,380 square feet, with a price per unit of $130,000 and a price per square foot of $97. The sale concluded on January 22, 2026, for a total transaction amount of $1,300,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,300,000
- Units: 10
- Square Footage: 13,380
- Price per Unit: $130,000
- Price per Square Foot: $97
- Buyer: Ilir Biga & Joseph Biga
- Seller: Shirin Ameer
- Buyer's Representative: Matthew Barbaccia - Brix Real Estate Advisors
This transaction involved key individuals including the buyers, Ilir Biga and Joseph Biga, who have acquired the property from seller Shirin Ameer. Matthew Barbaccia from Brix Real Estate Advisors represented the buyers in this deal.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93