Shane Kucyk Purchases Retail Space On East New Haven Avenue For $3,490,000
936 East New Haven Avenue
$3,490,000
$261/SF
Building Size
13,343 SF
Asset Type
Retail
Closing
Jun 28, 2026
AI
The retail property located at 924-936 East New Haven Avenue in Melbourne has a total square footage of 13,343, which was sold at a price of $3,490,000, equating to a price per square foot of $261.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,490,000
- Address: 924-936 East New Haven Avenue
- Market: Melbourne
- Square Footage: 13,343
- Price per Square Foot: $261
- Buyer: Shane Kucyk
- Seller: Troy Stephan
- Buyer’s Representative: Stuart Duffin - Cushman & Wakefield
- Seller’s Representative: Dylan Morse - Franklin Street
Stuart Duffin represented the buyer, Shane Kucyk, while Dylan Morse represented the seller, Troy Stephan, during this transaction, facilitating the sale between the involved parties.
Players
Melbourne 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
4.55%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93