Updated Oct 28, 2024
Casa Mason Estates LLC Acquires Multifamily Property In Rossville For $17M
193 Mason Boulevard, Rossville, Staten Island, NY, USA
$17,000,000
$694/SF
Building Size
24,496 SF
Asset Type
MultiFamily
Closing
Aug 30, 2021
About this deal
AI
The multifamily property located at 85, 189 & 193 Mason Boulevard in Rossville has been sold for a total price of $17,000,000. Spanning an area of 24,496 square feet, the property was sold at a price per square foot of $693.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,000,000
- Address: 85, 189 & 193 Mason Boulevard, Rossville
- Market: Rossville
The buyer, Casa Mason Estates LLC, acquired the property from Casa Mason Corp. The deal was facilitated by Casa Mason Estates LLC's representative.
Players
Staten Island MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse New York multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93