Cure Care Pharmacy Purchases Retail Property From Maxim Realty Trust For $1.15M In Stony Point
SOLD
$1,150,000
New York
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Cure Care Pharmacy Purchases Retail Property From Maxim Realty Trust For $1.15M In Stony Point
44 S. Liberty Dr
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NEW YORK
Transaction Type:Sale
The asset involved in the transaction is a retail property located at 44 South Liberty Drive in Stony Point. This property sits on 0.37 acres and has been sold for $1,150,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,150,000
- Buyer: Cure Care Pharmacy
- Seller: Maxim Realty Trust
- Broker: David Townes & Alana Friedman - JLL
The representatives in this transaction, David Townes and Alana Friedman, are associated with JLL, facilitating the deal between Cure Care Pharmacy and Maxim Realty Trust.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$61,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04
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