Chaim Berkovic & Joseph Fisch Acquire Retail Property In Rockland For $3M
298 North Main Street
$3,000,000
$199/SF
Building Size
15,018 SF
Asset Type
Retail
Closing
Jul 1, 2022
AI
A retail property located at 298 N. Main St. in Rockland has been sold for $3,000,000. The property spans 15,018 square feet, resulting in a price per square foot of $199. The transaction took place between buyer Chaim Berkovic and Joseph Fisch and seller Shapiro.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,000,000
- Address: 298 N. Main St.
- Market: Rockland
- Square Footage: 15,018
- Price Per Square Foot: $199
- Buyer: Chaim Berkovic and Joseph Fisch
- Seller: Shapiro
Chaim Berkovic and Joseph Fisch were represented by their broker in the deal. No additional details regarding the transaction are available.
Rockland 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93