Updated Sep 9, 2024
Mark Cianciulli Acquires Retail Property In West Hills For $6.64M
23701 Roscoe Boulevard
$6,640,000
$237/SF
Building Size
27,919 SF
Asset Type
Retail
Closing
Mar 17, 2023
About this deal
AI
The retail property located at 23701 Roscoe Boulevard in West Hills has been sold in a recent transaction. The property spans a total of 27,919 square feet and was sold for a price of $6,640,000, which translates to approximately $238 per square foot. The transaction took place on March 17, 2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $6,640,000
- Address: 23701 Roscoe Boulevard
- Market: West Hills
The buyer in this transaction is Mark Cianciulli, while the seller is Nico Mizrahi. The deal was facilitated by brokers Matthew Luchs and Brandon Michaels from the BrandonMichaelsGroup agency.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.39%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93