In Jeong Son Acquires Office Building In Hartsdale For $1.995M
220 N Central Ave, Hartsdale, NY, USA
$1,995,000
$216/SF
Building Size
9,223 SF
Asset Type
Office
Closing
May 6, 2021
About this deal
AI
An office property located at 220 North Central Ave in Hartsdale has been sold. The property, spanning 9,223 square feet, was sold for a price of $1,995,000. The buyer, In Jeong Son, acquired the property from the seller, Rajeev Sindhwani. The transaction was facilitated by brokers Greg Corbin & Chaya Milworn from Rosewood Realty Group and The Corbin Group.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,995,000
- Address: 220 North Central Ave
- Market: Hartsdale
In Jeong Son successfully purchased the office property located at 220 North Central Ave in Hartsdale, with the assistance of brokers Greg Corbin & Chaya Milworn from Rosewood Realty Group and The Corbin Group. The property spans over 9,223 square feet and was acquired from Rajeev Sindhwani.
On the Map
$1,995,000
$216/SF
Office
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Hartsdale Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.95%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93