SOLDIndustrial
Westchester Youth Sports Empowerment Acquires Industrial Asset In New Rochelle For $4.5M
111 Plain Avenue
$4,500,000
$452/SF
Building Size
9,950 SF
Asset Type
Industrial
Closing
Jun 12, 2026
AI
The property asset involved in this transaction is an industrial facility located at 111 Plain Avenue in New Rochelle. The sale price was $4,500,000 for a total square footage of 12,500, translating to a price per square foot of $360.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Square Footage: 12,500
- Price Per Square Foot: $360
- Location: 111 Plain Avenue, New Rochelle
- Buyer's Representative: Victor Sozio & Remi Mandell - Ariel Property Advisors
- Seller's Representative: Steve Kane - Tamerlain Realty
- Buyer: Westchester Youth Sports Empowerment (thewyse.org)
Westchester Youth Sports Empowerment is a Westchester-based nonprofit organization focused on providing a variety of youth sports and development programs. Their mission includes offering scholarships, free clinics, reduced-fee programming, school partnerships, and community outreach to ensure that every child has access to quality training, mentorship, and opportunities regardless of income or background.
Players
New Rochelle Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93