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Nick Katopodis Acquires Retail Property From Barry Kasoff In Mount Kisco For $5.75M

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SOLD
$5,750,000

New York

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Retail21,240 SF
Sold 09/15/2025
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SOLD

Nick Katopodis Acquires Retail Property From Barry Kasoff In Mount Kisco For $5.75M

154 West Main Street

See Similar Deals
Retail21,240 SF
Sold 09/15/2025
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Summary

NEW YORK
Asset Type:Retail
Price Per Square Foot:$270
Total Square Footage:21,240 SF
Transaction Type:Sale

The property asset involved in the transaction is a retail space located at 154-162 West Main Street in the Mount Kisco market. The sale price for the property was $5,750,000, and it has a total square footage of 21,240, resulting in a price per square foot of $270.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,750,000
  • Address: 154-162 West Main Street
  • Market: Mount Kisco
  • Square Footage: 21,240
  • Price per Square Foot: $270
  • Buyer: Nick Katopodis
  • Seller: Barry Kasoff
  • Buyer's Representative: Jeff Kintzer & David Landes - Royal Properties

This transaction highlights the involvement of Jeff Kintzer and David Landes, who represented the buyer, Nick Katopodis, in the acquisition of the retail property. The seller, Barry Kasoff, was responsible for the sale of the asset within the market.

Players

7 deals$111.7M volume
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Details

SOLD
IMAGE: David Landes & Jeff Kintzer DATE: 9/16/2025 ADDRESS: 154-162 West Main Street MARKET: Mount Kisco ASSET TYPE: Retail BUYER: Nick Katopodis SELLER: Barry Kasoff BUYER'S REP: Jeff Kintzer & David Landes - Royal Properties (@RoyalPropertiesInc) SALE PRICE: $5,750,000 SF: 21,240 ~ PPSF: $270

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$306,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,428.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,257.93
Annual Debt Service$327,095.20