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70 Saratoga Avenue

Ilir Biga And Joseph Biga Acquire Multifamily Asset In Yonkers For $1.3M With Broker Matthew Barbaccia
SOLDMultiFamily

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.

Players

Matthew Barbaccia

Brix Real Estate Advisors

Broker

$71.1M

vol

30 deals

Broker

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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93