In Jeong Son Acquires Office Building In Hartsdale For $1.995M
SOLD
$1,995,000
New York
See Similar DealsOffice9,223 SF
Sold 05/07/2021
SOLD
In Jeong Son Acquires Office Building In Hartsdale For $1.995M
220 N Central Ave, Hartsdale, NY, USA
See Similar DealsOffice9,223 SF
Sold 05/07/2021
Summary
NEW YORK
Asset Type:Office
Price Per Square Foot:$216
Total Square Footage:9,223 SF
Transaction Type:Sale
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.
Players
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,087.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,457.32
Annual Debt Service$113,487.81
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