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Medical Office

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48 US Route 6

Updated Dec 4, 2024

Bilt advertisement
Houlihan Lawrence Commercial Brokers $3M Sale Of Medical Office On Route 6, Somers
SOLDMedical Office

Houlihan Lawrence Commercial Brokers $3M Sale Of Medical Office On Route 6, Somers

48 US Route 6

$3,000,000

$235/SF

Building Size

12,723 SF

Asset Type

Medical Office

Closing

Jan 30, 2024

About this deal

AI

A 12,723-square-foot medical office building located at 48 US Route 6 in Somers, Westchester County, has been sold for $3 million. The transaction was completed by Houlihan Lawrence Commercial.

Summary of transaction details

  • Property Type: Medical Office
  • Transaction Amount: $3,000,000
  • Square Footage: 12,723
  • Price per Square Foot: $236
  • Market: Somers

Houlihan Lawrence Commercial, represented by Jose D. Cuartas, facilitated the sale of the medical office building.

The medical office sale at 48 US Route 6 in Mahopac, New York sold for $3M in 2024. The building is 12,723 square feet, implying about 235 per square foot on the published price. Jose D. Cuartas, Houlihan Lawrence Commercial appear on the sale alongside Houlihan Lawrence Commercial. This page is the Mahopac, New York file for the 48 US Route 6 medical office sold: pricing, party profiles, and other closed medical office comps from the same Mahopac sit in the Market section below. Filter that Mahopac medical office set by closing date to see what else sold near 48 US Route 6 around 2024. Published consideration for 48 US Route 6 is $3M, dated 2024. Cite this Houlihan Lawrence Commercial Brokers $3M Sale Of Medical Office On Route 6, Somers sale when underwriting similar medical office product around Mahopac, New York.

Players

Jose D. Cuartas

Houlihan Lawrence Commercial

Broker

$3M

vol

1 deal

Broker

Mahopac Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Deal FAQ

About $235 per square foot on a published $3M for 12,723 square feet (2024).

Visit Houlihan Lawrence Commercial to view all their deals.

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

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