Silber Investment Properties Represents Bruce Passarelli In $4.6M Retail Sale On Port Jefferson's East Main Street
134 E Main St Port Jefferson, NY 11777, USA
$4,587,000
$365/SF
Building Size
12,544 SF
Asset Type
Retail
Closing
Jun 28, 2023
AI
The retail property located at 134 E Main Street in Port Jefferson has been sold. The transaction was facilitated by the brokers Anthony Ciafardoni and Amanda Gordon from Silber Investment Properties. The property was sold by Bruce Passarelli for a total price of $4,587,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,587,000
- Address: 134 E Main Street, Port Jefferson
- Market: Port Jefferson
- SF: 12,544
- PPSF: $366
Anthony Ciafardoni and Amanda Gordon, representing Silber Investment Properties, played a crucial role in the successful completion of the deal. Their expertise and negotiation skills helped in finalizing the transaction smoothly.
Players
New York 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
3.46%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93