John Colangelo Purchases Retail Asset In Eastchester For $2.1M With Brokers Sean Campbell, Michael Scrima & Thomas Gorman Jr
19 Mill Road
$2,100,000
$656/SF
Building Size
3,200 SF
Asset Type
Retail
Closing
Mar 29, 2026
AI
The property asset involved in this transaction is a retail space located at 17 - 19 Mill Road in the Eastchester market. The sale price was $2,100,000, and the property encompasses 4,000 square feet, resulting in a price per square foot of $525.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $2,100,000
- Square Footage: 4,000
- Price Per Square Foot: $525
- Buyer: John Colangelo - Rose Hill Realty Capital LLC
- Seller: Steven Prince
- Brokers: Sean Campbell, Michael Scrima & Thomas Gorman Jr. - Houlihan Lawrence Commercial
The key individuals in this transaction include John Colangelo representing Rose Hill Realty Capital LLC as the buyer and Steven Prince as the seller. The brokerage team, consisting of Sean Campbell, Michael Scrima, and Thomas Gorman Jr., represented the interests of the parties involved in the deal.
Players
Eastchester 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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93