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40 East Parkway

Rush Wilson Acquires Mixed-Use Property From John Curreri In Scarsdale, Westchester For $13M
SOLDMixed-use

Rush Wilson Acquires Mixed-Use Property From John Curreri In Scarsdale, Westchester For $13M

40 East Parkway & 52 East Parkway

$13,000,000

$460/SF

Building Size

28,250 SF

Asset Type

Mixed-use

Closing

Apr 9, 2024

AI

The mixed-use property located at 40-52 East Parkway in Scarsdale, Westchester County, was recently sold for $13,000,000. The total square footage of the property is 14,125 with a price per square foot of $920. The transaction involved buyer Rush Wilson, seller John Curreri, and broker Lena Rivera.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $13,000,000
  • Address: 40-52 East Parkway
  • Market: Scarsdale, Westchester County
  • Square Footage: 14,125
  • Buyer: Rush Wilson
  • Seller: John Curreri
  • Broker: Lena Rivera

Lena Rivera, the selling broker in this deal, can be reached at [email protected] or @lenarivss. She has a track record of closing nearly 100M in sales in less than three years and brings 13 years of property management experience to the table, providing access to off-market acquisitions.

Players

Lena Rivera

Broker

$60M

vol

15 deals

Broker

Scarsdale 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

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93