SA Realty Acquires 20-Acre Retail Property In Queensbury, NY For $12.1M
1323, 820 U.S. 9, Queensbury, NY 12804
$12,100,000
Building Size
—
Asset Type
Retail
Closing
May 2, 2023
About this deal
AI
SA Realty, led by Tarek Ambia, has acquired a 20-acre retail property located at 1323 820 US-9 in Queensbury, NY from an affiliate of RCG Ventures for $12.1 million. The property is a retail asset situated in Queensbury.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,100,000
- Address: 1323 820 US-9, Queensbury, NY
- Market: Queensbury
- Acres: 20
The buyer of this retail property is SA Realty, represented by Tarek Ambia. The seller is an affiliate of RCG Ventures.
The retail sale at 1323, 820 U.S. 9, Queensbury, NY 12804 in New York, New York sold for $12.1M in 2023. 1323, 820 U.S. 9, Queensbury, NY 12804 is classified as Retail on Traded. This page is the New York, New York file for the 1323, 820 U.S. 9, Queensbury, NY 12804 retail sold: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else sold near 1323, 820 U.S. 9, Queensbury, NY 12804 around 2023. Published consideration for 1323, 820 U.S. 9, Queensbury, NY 12804 is $12.1M, dated 2023. Cite this SA Realty Acquires 20-Acre Retail Property In Queensbury, NY For $12.1M sale when underwriting similar retail product around New York, New York.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.31%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93