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
Scarsdale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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