Updated Sep 15, 2026
Jorge Loja Acquires Multifamily Asset From Richard Ramirez In Port Chester For $875,000
128 Terrace Avenue
$875,000
$215/SF
Building Size
4,066 SF
Asset Type
MultiFamily
Closing
Aug 8, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 128 Terrace Avenue in the Port Chester market. The sale took place on August 8, 2026, for a price of $875,000. The building encompasses a total square footage of 4,066, resulting in a price per square foot of $215.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $875,000
- Address: 128 Terrace Avenue
- Market: Port Chester
- Square Footage: 4,066
- Price per Square Foot: $215
- Buyer: Jorge Loja
- Seller: Richard Ramirez
- Buyer's Representative: Leonardo Gallardo - Tri State Commercial Realty
This transaction features key individuals including the buyer, Jorge Loja, and the seller, Richard Ramirez. The deal was represented for the buyer by Leonardo Gallardo from Tri State Commercial Realty, highlighting the role of the brokerage in facilitating this multifamily property transaction.
On the Map
$875,000
$215/SF
MultiFamily
View full map
Players
Port Chester MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Richard Ramirez to view all their deals.
Browse Port Chester multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.13%
Cash-on-Cash
-5.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93