Updated Oct 29, 2024
Alex Tseng @LiveAtKos Acquires Yonkers Multifamily From Alan Mazaud At 97 Waverly St. For $855K
97 Waverly Ave, Brooklyn, NY 11205, USA
$855,000
$173/SF
Building Size
4,928 SF
Asset Type
MultiFamily
Closing
Feb 27, 2020
About this deal
AI
Located at 97 Waverly Street in Yonkers, the recently closed property transaction involved a multifamily asset. The property consists of 5 apartments, offering a total of 4,928 square feet of living space. The sale price for this free-market building was $855,000, resulting in a price per square foot of $173.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $855,000
- Address: 97 Waverly Street, Yonkers
- Market: Yonkers
- Units: 5 apartments
The seller of the property was Alan Mazaud, while the buyer was Alex Tseng, representing LiveAtKos. The deal was facilitated by JetNewYork, the brokerage firm involved in the transaction.
New York MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.55%
Cash-on-Cash
-5.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93