Mixed-use Property At 707 Walt Whitman Road Sold For $1.125M With Seller's Rep Scout Realty Group
707 Walt Whitman Road
$1,125,000
$182/SF
Building Size
6,150 SF
Asset Type
Mixed-use
Closing
Jan 26, 2026
About this deal
AI
A mixed-use property located at 707 Walt Whitman Road in the Melville market was sold for $1,125,000. The asset encompasses a total square footage of 4,100, translating to a price per square foot of $274. The property consists of 2 units, with a price per unit of $562,500.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: $1,125,000
- Square Footage: 4,100
- Price per Square Foot: $274
- Units: 2
- Price per Unit: $562,500
- Address: 707 Walt Whitman Road
- Market: Melville
- Seller's Representative: Marissa Cosentino & Juliana Chiarelli - Scout Realty Group
The transaction involved the representation of the seller by Marissa Cosentino and Juliana Chiarelli from Scout Realty Group, highlighting their role in facilitating the sale of the property.
On the Map
$1,125,000
$182/SF
Mixed-use
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Melville 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
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93