John Vargese Acquires Mixed-Use Property In Eastchester For $1.85M
820 White Plains Rd, Scarsdale, NY 10583, USA
$1,850,000
$20/SF
Building Size
92,000 SF
Asset Type
Mixed-use
Closing
May 26, 2020
About this deal
AI
An mixed-use property located at 820 White Plains Rd in Eastchester has been sold for a price of $1,850,000. The property spans 9,200 square feet and has a price per square foot of $201. It consists of 10 units with a price per unit of $185,000.
Summary of transaction details
- Property Type: Mixed-use
- Sale Price: $1,850,000
- Square Footage: 9,200
- Price Per Square Foot: $201
- Number of Units: 10
- Price Per Unit: $185,000
- Address: 820 White Plains Rd
- Market: Eastchester
The seller of the property was Debra McLiverty, while the buyer was John Vargese. The transaction was facilitated by brokers David Algarin and Anthony Watkins from The Oak & Avery Group.
Players
Scarsdale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit David Algarin to view all their deals.
Browse New York mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93