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
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