KABR Group Acquires Mixed-Use Property In Port Chester For $30.675M From G&S Investors & Robert Martin Company
1 North Main Street
$30,675,000
Building Size
—
Asset Type
Mixed-use
Closing
Dec 17, 2025
AI
The asset involved in the transaction is a newly constructed five-story mixed-use multifamily and retail property located at 1 North Main Street in Port Chester, NY. The transaction was completed for a total price of $30,675,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $30,675,000
- Buyer: KABR Group
- Seller: G&S Investors & Robert Martin Company
- Brokers: Steve Simonelli, Austin Pierce, Jose Cruz & Jeffrey Julien - JLL
JLL Capital Markets facilitated the acquisition of 1 North Main Street by KABR Group, providing brokerage services throughout the transaction process.
Players
Port Chester Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93