Updated Oct 28, 2024
BOSFA Properties Acquires 18-Unit Multifamily In Long Island For $3.55M
839 Prospect Avenue, Westbury, New York 11590, United States
$3,550,000
$137/SF
Building Size
25,800 SF
Asset Type
MultiFamily
Closing
Jan 13, 2022
About this deal
AI
A multifamily property located at 839 Prospect Westbury in Long Island has been sold. The property, spanning across 25,800 square feet, consists of 18 units. The sale took place on January 13, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $3,550,000
- Units: 18
- Price per Unit: $197,222
- Square Footage: 25,800
- Price per Square Foot: $137
- Market: Long Island
The buyer of this property is BOSFA Properties, represented by Aron Goldstein and Daniel Goldstein. The transaction was facilitated by broker Peter Wolf.
On the Map
$3,550,000
$137/SF
MultiFamily
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Players
Westbury 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
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93