Vinny Vig & Goldy Whadwa Acquire Retail Property In Peekskill From Mr. Anthony Kasper For $5.6M
SOLD
$5,600,000
New York
See Similar DealsRetail20,000 SF
Sold 09/25/2023
SOLD
Vinny Vig & Goldy Whadwa Acquire Retail Property In Peekskill From Mr. Anthony Kasper For $5.6M
1099 North Division Street
See Similar DealsRetail20,000 SF
Sold 09/25/2023
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$280
Total Square Footage:20,000 SF
Transaction Type:Sale
A retail property located at 1099 North Division Street in Peekskill has been sold for $5,600,000. The property spans 20,000 square feet, resulting in a price per square foot of $280. The transaction took place on 09/25/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,600,000
- Square Footage: 20,000
- Price per Square Foot: $280
- Address: 1099 North Division Street, Peekskill
- Market: Peekskill
Vinny Vig and Goldy Whadwa purchased the retail property from Mr. Anthony Kasper. The buyer was represented by their broker, Raj Whadwa from Global Realty Services USA Inc.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$298,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,895.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,546.86
Annual Debt Service$318,562.28
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