Updated Oct 29, 2024
Guiding Eyes For The Blind Acquires 12-Acre Development Site In Yorktown Heights For $4M
3241 Crompond Rd Yorktown Heights, NY 10598, USA
$4,000,000
Building Size
—
Asset Type
Development Site
Closing
Jul 9, 2023
About this deal
AI
Guiding Eyes for the Blind has acquired a 12-acre development site in Yorktown Heights, NY for $4 million. The property, located at 3241 Crompond Road (Route 202), was sold by Temple Israel of Northern Westchester.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $4,000,000
- Address: 3241 Crompond Road
- Market: Yorktown Heights
- Buyer: Guiding Eyes For The Blind
- Seller: Temple Israel of Northern Westchester
- Buyer's Rep: William Cuddy Jr & Jacqueline Novotny - CBRE
- Seller's Rep: Garry Klein - Houlihan Lawrence Commercial
The buyer was represented by William Cuddy Jr and Jacqueline Novotny from CBRE, while Garry Klein from Houlihan Lawrence Commercial represented the seller.
On the Map
$4,000,000
Development Site
View full map
Players
New York Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Browse New York development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93