facebook
Traded Co logo
Submit

Henry Bae Purchases Retail Asset At 1000 Saint Nicholas Drive Maryland For $24.38M

Property Image
SOLD
$24,379,000
Britt Raymond
Richard Dorfman
+ 3

Maryland

See Similar Deals
Retail116,828 SF
Sold 06/21/2024
the dealplayerscompscontact
Property Image
SOLD

Henry Bae Purchases Retail Asset At 1000 Saint Nicholas Drive Maryland For $24.38M

1000 Saint Nicholas Drive

See Similar Deals
Retail116,828 SF
Sold 06/21/2024
Britt Raymond
Richard Dorfman
+ 3
Contact now

Summary

MARYLAND
Asset Type:Retail
Price Per Square Foot:$208
Total Square Footage:116,828 SF
Transaction Type:Sale

The property asset involved in this transaction is a retail space located at 1000 Saint Nicholas Drive in Maryland. The sale was finalized at a price of $24,379,000, encompassing a total area of 116,828 square feet, which equates to a price per square foot of $209.

Summary of transaction details:

This transaction involved key individuals from Exodus Capital and SRS Real Estate Partners. The buyer's representatives included Justin Conway, Haley Hasho, and Andrew Eden, while the seller's representatives were Richard Dorfman, Britt Raymond, and Kyle Fant. Their engagement facilitated the successful closing of the property sale.

Players

Haley Hasho
47 deals$378.2M volume(646) 840-8201
BROKER

Justin Conway
Conway Property Advisors
23 deals$102.7M volume(646) 466-4827
BROKER

Andrew Eden
4 deals$28.6M volume
BROKER

Richard Dorfman
SRS Real Estate Partners
5 deals$39.7M volume
BROKER

Britt Raymond
SRS Real Estate Partners
11 deals$150.6M volume
BROKER

Kyle Fant
SRS Real Estate Partners
13 deals$158M volume
BROKER

Details

SOLD
IMAGE: Justin Conway, Haley Hasho, Andrew Eden, Richard Dorfman, Britt Raymond & Kyle Fant DATE: 06/21/2024 ADDRESS: 1000 Saint Nicholas Drive MARKET: Maryland ASSET TYPE: Retail BUYER: Henry Bae BUYER'S REP: Justin Conway (@ConwayKeepsClosing), Haley Hasho (@HaleyHasho) & Andrew Eden (@NYC_RealEstate_Closer) - Exodus Capital (@ExodusCapital.CRE) SELLER'S REP: Richard Dorfman, Britt Raymond & Kyle Fant - SRS Real Estate Partners (@SRSRealEstatePartners) SALE PRICE: $24,379,000 SF: 116,828 ~ PPSF: $209

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,300,213.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$86,613.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$115,568.90
Annual Debt Service$1,386,826.77