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
About this deal
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.
On the Map
$3,490,000
$261/SF
Retail
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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