HMS Capital Management Acquires Retail Property In Wappingers Falls For $10.38M
1555 1571 Albany Post Road
$10,380,000
$40/SF
Building Size
257,768 SF
Asset Type
Retail
Closing
Jun 3, 2025
AI
The property asset involved in this transaction is a retail space located at 1555-1571 Albany Post Road in Wappingers Falls, NY. The sale price for this asset was $10,380,000 and it encompasses a total square footage of 257,768, translating to a price per square foot of $40.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $10,380,000
- Buyer: HMS Capital Management
- Seller: Chuck Anderson
- Attorneys: Adam J. Weiss, Esq. & Sebastian Bohorquez, Esq. - Weiss Law
The deal was facilitated by Adam J. Weiss and Sebastian Bohorquez of Weiss Law, who are actively managing transactions for their clients across the United States.
Players
Wappingers Falls 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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93