HR Capital Acquires Retail Property In Hicksville For $800K With Buyer's Rep Michael Gronenthal & Seller's Rep John Abbate - Five Point Real Estate
100-104 Woodbury Rd, Hicksville, NY, USA
$800,000
$358/SF
Building Size
2,230 SF
Asset Type
Retail
Closing
Nov 4, 2021
About this deal
AI
A retail property located at 100 - 104 Woodbury Rd. in Hicksville was recently sold for $800,000. The property spans 2,230 square feet, resulting in a price per square foot of $358.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $800,000
- Address: 100 - 104 Woodbury Rd.
- Market: Hicksville
- Square Footage: 2,230
The buyer, HR Capital represented by Raunak Dhall, acquired the property from the seller, Maria Jerszynski. The buyer's representative in the deal was Michael Gronenthal from Douglas Elliman, while the seller's representative was John Abbate from Five Point Real Estate.
On the Map
$800,000
$358/SF
Retail
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Players
Hicksville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.83%
Cash-on-Cash
-5.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93