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12 Orchard Street

Abraham Linch Acquires Package Deal In Yonkers For $6.25M
SOLDPackage Deal

Abraham Linch Acquires Package Deal In Yonkers For $6.25M

12 Orchard Street

$6,250,000

$177/SF

Building Size

35,188 SF

Asset Type

Package Deal

Closing

Jul 15, 2022

AI

Located in Yonkers, the property at 12 Orchard St. was recently sold in a package deal transaction. The buyer, Abraham Linch, acquired the property from the seller, Dong Rich, for a sale price of $6,250,000. The asset, consisting of a 35,188 square foot space, was sold at a price per square foot of $177.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $6,250,000
  • Address: 12 Orchard St., Yonkers

NuRealty Advisors Inc., represented by Michael Nukho and Lukasz Przybylek, facilitated the transaction as the brokers. Michael Nukho can be found on LinkedIn at www.linkedin.com/in/michael-nukho-cpm-59926914, while Lukasz Przybylek's LinkedIn profile is available at linkedin.com/in/lukasz-przybylek-700a30181.

Players

Michael Nukho

NuRealty Advisors

Broker

$72.7M

vol

16 deals

Broker

Brisbane City Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93