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2-8 Main Street

Marianna Yusupova Acquires Mixed-Use Property On Roslyn's Main Street For $2.3M
SOLDMixed-use

Marianna Yusupova Acquires Mixed-Use Property On Roslyn's Main Street For $2.3M

2-8 Main Street

$2,300,000

$238/SF

Building Size

9,650 SF

Asset Type

Mixed-use

Closing

Mar 22, 2024

AI

The mixed-use property located at 2-8 Main Street in Roslyn was recently sold for $2,300,000. Spanning 9,650 square feet, the property was acquired by Marianna Yusupova from the Otterman Family. The transaction resulted in a price per square foot of $238. The sale was facilitated by brokers Stephen R. Preuss Sr., Kevin Louie, Eric Delafraz, Andreas Efthymiou, and Kevin Schmitz from Ripco.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,300,000
  • SF: 9,650
  • Address: 2-8 Main Street
  • Market: Roslyn

The team involved in this deal comprised of brokers from Ripco, including Stephen R. Preuss Sr., Kevin Louie, Eric Delafraz, Andreas Efthymiou, and Kevin Schmitz. Notably, Marianna Yusupova emerged as the buyer, while the property was sold by the Otterman Family.

Players

Kevin Louie

Ripco

Broker

$1B

vol

126 deals

Broker

Roslyn 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93