Marcus & Millichap Brokers $2.4M Retail Sale In Riverdale, NYC
250 West 144th Street, Riverdale, IL, USA
$2,425,000
$198/SF
Building Size
12,200 SF
Asset Type
Retail
Closing
Feb 3, 2021
AI
The retail property located at 250 West 144th Street in Riverdale has been sold for $2,425,000. The property spans a total area of 12,200 square feet, resulting in a price per square foot of $199. The sale was facilitated by brokers Matt Emerick, Austin Weisenbeck, and Sean R. Sharko from Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,425,000
- Square Footage: 12,200
- Price per Square Foot: $199
- Address: 250 West 144th Street
- Market: Riverdale
The property sale was handled by the brokerage team consisting of Matt Emerick, Austin Weisenbeck, and Sean R. Sharko from Marcus & Millichap.
Players
Riverdale Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.54%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93