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Clock Road

Austin Deraff Acquires Multifamily Asset From Christine Broski For $1.775M In Taberg NY
SOLDMultiFamily

Austin Deraff Acquires Multifamily Asset From Christine Broski For $1.775M In Taberg NY

Clock Road

$1,775,000

$1/SF

Building Size

2,796,552 SF

Asset Type

MultiFamily

Closing

Oct 15, 2025

AI

The transaction involved a multifamily asset located at 1 Clock Road, Taberg, NY, which was sold for $1,775,000. The property encompasses a total area of 2,796,552 square feet.

Summary of transation details:

Key individuals involved in the transaction include Joseph Spinella and Joseph Domenech, who are representatives from Keller Williams Realty, and Henry Eisenstein from EXP Realty. Joseph Spinella serves as the Director of Commercial Real Estate at Keller Williams Realty and can be contacted for commercial real estate assistance at 732-837-2832.

Players

Joseph Spinella

Keller Williams Realty

Broker

$55.7M

vol

24 deals

Broker

Taberg 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

8.94%

Cash-on-Cash

-2.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93