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1966 Crompond Road, Cortlan...

Updated Dec 21, 2023

Deborah Koehler Acquires Retail Property In Westchester For $1.1M
SOLDRetail

Deborah Koehler Acquires Retail Property In Westchester For $1.1M

1966 Crompond Road, Cortlandt Manor, New York 10567, United States

$1,100,000

$157/SF

Building Size

7,000 SF

Asset Type

Retail

Closing

Mar 27, 2022

About this deal

AI

Located at 1966 Crompond Road in Westchester, this retail property was recently sold in a transaction facilitated by Josh Goldflam of Highcap Group. The property spans 7,000 square feet and was sold for a price of $1,100,000, resulting in a price per square foot of $157. The transaction took place on 03/28/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,100,000
  • Address: 1966 Crompond Road
  • Market: Westchester

Deborah Koehler acted as the buyer, while Roger Swanson and Peter Pasquariello were the sellers. Josh Goldflam from Highcap Group served as the broker in this deal.

Players

Josh Goldflam

Highcap Group

Broker

$279.3M

vol

30 deals

Broker

Cortlandt Manor Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $157 per square foot on a published $1.1M for 7,000 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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