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707 Walt Whitman Road

Mixed-use Property At 707 Walt Whitman Road Sold For $1.125M With Seller's Rep Scout Realty Group
SOLDMixed-use

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

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.

Players

Marissa Cosentino

Scout Realty Group

Broker

$7.6M

vol

6 deals

Broker

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