facebook
Traded Co logo
Submit

Sale Of 555 White Plains Rd Tarrytown For $8.85 Million With Sellers' Reps Chris O’Callaghan, Jillian Reiner, John Barrett

Property Image
SOLD
$8,850,000
Jillian Reiner
John Barrett
Chris O’Callaghan

New York

See Similar Deals
Office
Sold
the dealplayerscompscontact
Property Image
SOLD

Sale Of 555 White Plains Rd Tarrytown For $8.85 Million With Sellers' Reps Chris O’Callaghan, Jillian Reiner, John Barrett

555 White Plains Rd, Tarrytown, NY, 1...

See Similar Deals
Office
Sold
Jillian Reiner
John Barrett
Chris O’Callaghan
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Office
Transaction Type:Sale

The property involved in this transaction is an office building located at 555 White Plains Rd, Tarrytown, NY. The sale price was $8,850,000.00. The building spans five stories and is situated on a 4.2-acre lot. It was previously occupied by Tappan Zee Constructors LLC during the construction of the Mario M. Cuomo Bridge and has been vacant since August 2020. Built in 1971, this building was acquired by Robert Martin Company in May 2017 for $5.48 million.

Summary of transaction details:

  • Property Type: Office Building
  • Transaction Amount: $8,850,000.00
  • Address: 555 White Plains Rd, Tarrytown, NY
  • Market: Tarrytown
  • Seller's Representatives: Chris O’Callaghan - RM Friedland, Jillian Reiner - RM Friedland, John Barrett - RM Friedland
  • Buyer: Unknown

Robert Martin Company announced the sale of the office building located at 555 White Plains Road to an undisclosed purchaser. Chris O’Callaghan, Jillian Reiner, and John Barrett represented Robert Martin Company in the transaction.

Players

John Barrett
RM Friedland
John Barrett
4 deals$38.3M volume
BROKER
Jillian Reiner
RM Friedland
Jillian Reiner
2 deals$29.4M volume
BROKER
Chris O’Callaghan
RM Friedland
Chris O’Callaghan
1 deal$8.9M volume(914) 278-6466
BROKER

Details

SOLD
IMAGE: 555 White Plains Rd, Tarrytown, NY, 1... MARKET: Tarrytown SELLER'S REP: Chris O’Callaghan(RM Friedland), Jillian Reiner(RM Friedland), John Barrett(RM Friedland) BUYER: Unknown SELLER: PRICE: $8,850,000.00 SF: 0

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$472,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,442.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,953.52
Annual Debt Service$503,442.18