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3845 Danbury Road

Raphael Costa Purchases Office Building From Moses Niederman In Brewster For $805,000
SOLDOffice

Raphael Costa Purchases Office Building From Moses Niederman In Brewster For $805,000

3845 Danbury Road

$805,000

$312/SF

Building Size

2,580 SF

Asset Type

Office

Closing

Dec 7, 2025

AI

The asset involved in this transaction is an office building located at 3845 Danbury Road in Brewster. The property was sold for a transaction amount of $805,000, consisting of one unit. It has a total square footage of 2,580, resulting in a price per square foot of $312. The office building was delivered 100% vacant at the time of sale.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $805,000
  • Units: 1
  • Square Footage: 2,580
  • Price Per Unit: $805,000
  • Price Per Square Foot: $312
  • Buyer: Raphael Costa
  • Seller: Moses Niederman
  • Broker: Haley Hasho - Exodus Capital

This transaction was facilitated by broker Haley Hasho from Exodus Capital, representing the seller, Moses Niederman. The buyer of the property is Raphael Costa. The arrangement highlights the efforts of the brokerage in bringing this transaction to fruition.

Players

Haley Hasho

Exodus Capital

Broker

$378.2M

vol

47 deals

Broker
Exodus Capital
Exodus CapitalBrokerage

Brewster Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

19.71%

Cash-on-Cash

-5.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93