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.
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