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19 Mill Road

John Colangelo Purchases Retail Asset In Eastchester For $2.1M With Brokers Sean Campbell, Michael Scrima & Thomas Gorman Jr
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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:

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

Michael Scrima

Houlihan Lawrence Commercial

Broker

$214.1M

vol

60 deals

Broker
Thomas Gorman Jr.
Verified Badge

Thomas Gorman Jr.

Houlihan Lawrence Commercial

Broker

$240M

vol

62 deals

Broker

John Colangelo

Buyer

$9.8M

vol

3 deals

Buyer

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