facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Retail

/

Sale

/

103 Utica Street

Bill Townsend Acquires Retail Property At 103 Utica Street From Patrick Donegan For $3 Million
SOLDRetail

Bill Townsend Acquires Retail Property At 103 Utica Street From Patrick Donegan For $3 Million

103 Utica Street

$3,000,000

$259/SF

Building Size

11,550 SF

Asset Type

Retail

Closing

Mar 27, 2026

AI

This retail asset located at 103 Utica Street in Hamilton has been sold for $3,000,000. The property spans 11,550 square feet, resulting in a price per square foot of $259.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,000,000
  • Buyer: Bill Townsend
  • Seller: Patrick Donegan
  • Broker: Joel Cukier - Malchus Real Estate
  • Square Footage: 11,550
  • Price per Square Foot: $259

Joel Cukier from Malchus Real Estate represents the seller Patrick Donegan in this transaction. This sale marks the fifth closing for Kinney Drugs completed by the team, highlighting their experience with the brand and the reliability of the tenant's real estate platform.

Players

Joel Cukier

Malchus Real Estate

Broker

$69.4M

vol

8 deals

Broker

Hamilton Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93