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80 Grace Church Street

Updated Jul 7, 2026

Ralph Doyle Acquires Mixed-Use Asset At 78-80 Grace Church Street For $2.7M With Buyer's Rep Michael Rackenberg
SOLDMixed-use

Ralph Doyle Acquires Mixed-Use Asset At 78-80 Grace Church Street For $2.7M With Buyer's Rep Michael Rackenberg

80 Grace Church Street

$2,700,000

$173/SF

Building Size

15,569 SF

Asset Type

Mixed-use

Closing

Jun 23, 2026

About this deal

AI

A mixed-use property located at 78-80 Grace Church Street in Port Chester has been sold for $2,700,000. The asset encompasses a total of 15,569 square feet, resulting in a price per square foot of $173.

Summary of transaction details:

This transaction involved key representatives from Houlihan Lawrence Commercial, with Michael Rackenberg representing the buyer while the seller was represented by Michael Scrima, Thomas Gorman Jr., and Sean Campbell.

On the Map

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$2,700,000

$173/SF

Mixed-use

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Players

Michael Scrima

Houlihan Lawrence Commercial

Broker

$214.1M

vol

60 deals

Broker
Thomas Gorman Jr.
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Thomas Gorman Jr.

Houlihan Lawrence Commercial

Broker

$240M

vol

62 deals

Broker
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Market Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $173 per square foot on a published $2.7M for 15,569 square feet (2026).

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Browse New York mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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