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Tenenbayev Family Trust Acquires Single-Family Residence In Scarsdale For $5.3M

Property Image
SOLD
$5,300,108
Haritini Pandis
Angela Retelny
Joan Frederick

New York

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Single Family Residence9,886 SF
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SOLD

Tenenbayev Family Trust Acquires Single-Family Residence In Scarsdale For $5.3M

17 Heathcote Road

See Similar Deals
Single Family Residence9,886 SF
Sold
Haritini Pandis
Angela Retelny
Joan Frederick
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Single Family Residence
Price Per Square Foot:$536
Total Square Footage:9886 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family residence located at 17 Heathcote Road in Scarsdale. It has a sale price of $5,300,108 and encompasses 9,886 square feet, resulting in a price per square foot of $536.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $5,300,108
  • Address: 17 Heathcote Road
  • Market: Scarsdale
  • Square Footage: 9,886
  • Price Per Square Foot: $536
  • Buyer: Tenenbayev Family Trust
  • Seller: Dr. Bhupendra Kumar Modi
  • Broker Representatives: Haritini Pandis, Angela Retelny & Joan Frederick - Houlihan Lawrence
  • Counsel: Taliya Bashani - Tab Law Firm

This deal saw the Tenenbayev Family Trust as the buyer, with Dr. Bhupendra Kumar Modi acting as the seller. The transaction was facilitated by the brokerage firm Houlihan Lawrence, represented by Haritini Pandis, Angela Retelny, and Joan Frederick. Legal counsel was provided by Taliya Bashani of Tab Law Firm.

Players

Haritini Pandis
Haritini Pandis
4 deals$10.8M volume(917) 468-8010
BROKER
Angela Retelny
Compass
Angela Retelny
1 deal$5.3M volume(914) 450-5106
BROKER
Joan Frederick
Houlihan Lawrence
Joan Frederick
1 deal$5.3M volume(914) 714-4140
BROKER

Details

SOLD
IMAGE: Taliya Bashani, Haritini Pandis, Angela Retelny & Joan Frederick DATE: 12/17/2024 ADDRESS: 17 Heathcote Road MARKET: Scarsdale ASSET TYPE: SFR BUYER: Tenenbayev Family Trust SELLER: Dr. Bhupendra Kumar Modi BROKERS: Haritini Pandis (@HaritiniPandis), Angela Retelny (@AngelaRetelnyTeam) (@HouseNKeyTeam- Compass (@CompassNY) & Joan Frederick - Houlihan Lawrence (@HoulihanLawrence) COUNSEL: Taliya Bashani (@Taliya_ESQ) - Tab Law Firm SALE PRICE: $5,300,108 SF: 9,886 ~ PPSF: $536

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$282,672.41

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,830.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,125.22
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