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154 West Main Street

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

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

154 West Main Street

$5,750,000

$270/SF

Building Size

21,240 SF

Asset Type

Retail

Closing

Sep 15, 2025

AI

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

Jeff Kintzer

Broker

$111.7M

vol

7 deals

Broker

Mount Kisco 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

2.76%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93