Mixed-use Property At 707 Walt Whitman Road Sold For $1.125M With Seller's Rep Scout Realty Group
SOLD
$1,125,000
New York
See Similar DealsMixed-use6,150 SF
Sold 01/27/2026
SOLD
Mixed-use Property At 707 Walt Whitman Road Sold For $1.125M With Seller's Rep Scout Realty Group
707 Walt Whitman Road
See Similar DealsMixed-use6,150 SF
Sold 01/27/2026
Summary
NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$182
Total Square Footage:6,150 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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