Austin Deraff Acquires Multifamily Asset From Christine Broski For $1.775M In Taberg NY
SOLD
$1,775,000
New York
See Similar DealsMultiFamily2,796,552 SF
Sold 10/16/2025
SOLD
Austin Deraff Acquires Multifamily Asset From Christine Broski For $1.775M In Taberg NY
Clock Road
See Similar DealsMultiFamily2,796,552 SF
Sold 10/16/2025
Summary
NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:2,796,552 SF
Transaction Type:Sale
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:
- Property Type: Multifamily
- Transaction Amount: $1,775,000
- Address: 1 Clock Road WS
- Market: Taberg, NY
- Buyer: Austin Deraff
- Seller: Christine Broski
- Brokers: Joseph Spinella, Joseph Domenech - Keller Williams Realty & Henry Eisenstein - EXP Realty
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$94,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,306.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,414.41
Annual Debt Service$100,972.87
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