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1099 North Division Street

Vinny Vig & Goldy Whadwa Acquire Retail Property In Peekskill From Mr. Anthony Kasper For $5.6M
SOLDRetail

Vinny Vig & Goldy Whadwa Acquire Retail Property In Peekskill From Mr. Anthony Kasper For $5.6M

1099 North Division Street

$5,600,000

$280/SF

Building Size

20,000 SF

Asset Type

Retail

Closing

Sep 25, 2023

AI

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.

Players

Raj Whadwa

Global Realty Services

Broker

$129.4M

vol

22 deals

Broker

Peekskill 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

2.83%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93