Marcus & Millichap Brokers Sell Retail Property In Ellenville For $8.1M
SOLD
$8,100,000
+ 1
New York
See Similar DealsRetail56,555 SF
Sold 03/01/2021
SOLD
Marcus & Millichap Brokers Sell Retail Property In Ellenville For $8.1M
100-112 Shoprite Blvd, Napanoch, NY, USA
See Similar DealsRetail56,555 SF
Sold 03/01/2021
+ 1
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$143
Total Square Footage:56,555 SF
Transaction Type:Sale
The retail property located at 100-112 Shoprite Blvd. in Ellenville has been sold for a total price of $8,100,000. The property spans 56,555 square feet, resulting in a price per square foot of $143.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $8,100,000
- Address: 100-112 Shoprite Blvd., Ellenville
- Market: Ellenville
The deal was facilitated by brokers Steve Rock, Joseph French, Kodi Traver, and John Krueger, who represented the parties involved in the transaction. They are affiliated with Marcus & Millichap.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$432,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,777.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,398.13
Annual Debt Service$460,777.59
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