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
Mount Kisco Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
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